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Uno Minda informs about allotment of NCD

03 Jan 2025 Evaluate
Uno Minda has informed that the NCD Committee of the Board of the Company at its meeting held today, January 03rd, 2025, has considered and approved the allotment of 15,000 (fifteen thousand) Unsecured, Listed, Rated, Redeemable, Non- Convertible, Non-Cumulative, Taxable Debentures (NCDs) having face value of Rs. 1,00,000 (Rupees One Lakh Only) each for an aggregate amount of Rs 150,00,00,000 (Rupees One Hundred Fifty Crores only) on Private Placement basis to the identified investor in third tranche in two series, of Rs. 100 Crore (Series I) and Rs. 50 Crore (Series II) respectively. The Company is in the process of applying for the listing of these aforesaid Debentures at BSE Ltd., Designated Stock Exchange. Now, with this allotment, along with previous allotments made in 1st and 2nd Tranche the company has fully allotted the NCDs of Rs 400 Crores which was approved by the Board of Directors in its meeting held on August 09, 2023.

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

UNO Minda Share Price

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