Ucal has received approval for the issuance of Senior, secured, unrated, unlisted, unsubordinated, redeemable, taxable, partially paid non-convertible debenture (NCD) upto Rs 15 crore on private placement basis. The Board of Directors of the company in its meeting held on October 29, 2024, has inter-alia, approved the same.
Ucal is in the business of providing holistic solutions in fuel management systems and is committed to producing products of consistent quality and timely delivery.