Shapoorji Pallonji Group Co raises Rs 750 crore via NCBs by pledging SICL shares

The board of Evangelos Ventures had on December 7 passed a resolution to raise ₹2,000 crore by issuing secured, unrated NCD in several tranches. The ₹750-crore bonds raised last week have a bullet payment on March 31, 2025, and provide an internal rate of return (IRR) upwards of 15%, people said.

from News-Economic Times https://ift.tt/3pBrWx6

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