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Shree Cement informs about outcome of board meeting

25 Sep 2023 Evaluate

In continuation to its letter dated 19th September, 2023 and pursuant to Regulation 30(2) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (‘Regulations’) read with Para A of Part A of Schedule III of the Regulations, Shree Cement has informed that the ‘NCD Committee’ of the Board of Directors of the Company at its meeting held today, has approved the issuance of secured, rated, redeemable, taxable, non-convertible debentures (‘NCDs’) with a base issue size of Rs 350 crore with an option to retain oversubscription upto Rs 350 crore aggregating to a total Issue size of upto Rs 700 crore on private placement basis to certain eligible investors permitted to invest in the NCDs under applicable laws. As required under the said regulations, the relevant details of the issuance are given at Annex1. The meeting of the NCD Committee of the Board of Directors of the Company commenced at 9.30 am and concluded at 9.45 am on the same day.

The above information is a part of company’s filings submitted to BSE.

Shree Cement Share Price

25301.95 198.70 (0.79%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11887.30
Ambuja Cement 458.95
ACC 1431.85
Shree Cement 25301.95
Dalmia Bharat 1972.55
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