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CESC gets nod to raise Rs 190 crore through NCDs

22 Sep 2026 Evaluate

CESC has secured approval to raise Rs 190 crore through issue of 19,000 secured, unlisted, redeemable, rated non-convertible debentures (NCDs) having a face value of Rs 1 lakh each, on a private placement basis. A committee of the Board of Directors of the company at its meeting held on September 22, 2026, has approved the same. The date of allotment for the NCDs is September 24, 2026 and NCDs will mature on September 24, 2031.

CESC is engaged in power generation and distribution in state of West Bengal.

Peers
Company Name CMP
NTPC 326.50
Tata Power 368.50
Adani Power 204.95
Power Grid Corpn. 270.40
Adani Energy Solut. 1378.00
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