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Titan Intech planning to raise Rs 50 crore via NCDs

18 Nov 2024 Evaluate

Titan Intech is planning to raise funds by issuance of Senior, Secured, Rated, Listed, Taxable Redeemable, Non-Convertible Debentures (NCDs) aggregating up to Rs 50 crore through permissible modes as may be permitted under applicable laws, including the Companies Act, 2013 read with the rules notified thereunder and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and to approve ancillary actions for the above mentioned fund raising subject to such regulatory / statutory approvals as may be required including approval of shareholders in this regard. A meeting of the Board of Directors of the company will be held on November, 28 2024 inter-alia to consider and approve the same. 

Titan Intech is committed to fostering educational vocational programs, providing potential drop-outs from government schools with pathways to employment. It also engaged in the conception, development and implementation of tailored corporate Skill Development Programs.


Peers
Company Name CMP
TCS 2079.30
Infosys 1035.00
HCL Technologies 1246.00
Wipro 159.50
Tech Mahindra 1539.00
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