ALPHA TRIBE

Capacit'e Infraprojects LimitedBoard Meeting, 06-03-2025: Outcome of Board Meeting

06-03-2025 | 12:04 pm

The Board of Directors has announced a board meeting outcome, approving the issuance of senior, secured, unlisted, unrated, redeemable Non-Convertible Debentures (NCDs) up to ₹75 Crore on a private placement basis. The proceeds will primarily be allocated for repaying existing debt and general corporate purposes, contributing to a reduction in the number of promoter-pledged shares. This strategic move aims to enhance financial stability while streamlining the company's debt obligations.

No comments yet. Be the first to comment!

All announcements from Capacit'e Infraprojects Limited