Alpha Tribe

CESC LimitedImportant, 11-04-2025: Updates

11-04-2025 · 03:22 pm

The Committee of the Board of Directors has approved the allotment of 25,000 Secured, Unlisted, Redeemable, Rated Non-Convertible Debentures, each with a face value of Rs. 1,00,000, totalling Rs. 250 Cr. These debentures will be placed privately with Axis Bank Limited. This move enhances CESC Limited's financing capabilities and may contribute positively to its liquidity position, reflecting strategic financing choices aligned with ongoing operational needs. Investors should monitor how this funding strategy impacts the company's financial structuring and its future growth trajectory.

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