Gayatri Projects redeems NCDs worth Rs 15.60 crore

02 Dec 2013 Evaluate

Gayatri Projects has redeemed SERIES-1, 1560 secured redeemable Non Convertible Debentures (NCDs) aggregating to Rs 15.60 crore at a face value of Rs 100,000 each. IL&FS Trust Company acted as trustee company and the NCDs were redeemed on due date i.e. December 01, 2013.

Gayatri Projects, an ISO 9001-2000 company, is one of the fastest growing construction companies in India executing major civil works including construction of concrete/masonry dams, earthen dams, national highways, bridges, canals, aqueducts, airports, ports, etc.

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