Tag Archives: NCDs

Reliance Infra’s Credit Profile improves, CRISIL withdraws ‘D’ ratings for 710 cr NCDs

MUMBAI | RAJKOT – Anil Dhirubhai Ambani Group led Reliance Infrastructure Ltd’s credit profile is reported to have improving, as the rating agency CRISIL has withdrawn ‘D’ ratings assigned to the company’s 7.1 billion rupee Non-Convertible Debentures, the company press release submitted to the exchanges in India said. Crisil has withdrawn its ‘D’ ratings for

M&M July 2018 Sales Data, Commercial Vehicles, Tractor sales up, Passenger Vehicles sales down

MUMBAI | RAJKOT – Mahindra & Mahindra Ltd., today announced July 2018 Sales data, for the entire range of vehicles manufactured by the company, in a broader sense, commercial vehicles segment, tractors sales numbers are positive for the month ended on July 31, 2018 whereas Passenger Vehicle segment and Utility Vehicles segment sales numbers are

To boost farm & MSME sector – IFC (World Bank Arm) invests USD$100 million in Mahindra Finance

NEW DELHI | MUMBAI | RAJKOT – IFC (International Finance Corporation), a member of the World Bank Group, has invested INR 6.4 billion (~USD$100 million ~ 640 crore Indian Rupees) in Mahindra & Mahindra Financial Services Ltd (Mahindra Finance), the company press release submitted to the Indian Bourses today said. This investment will enable Mahindra

Adani Ports buybacks final trench of 2,500 Non-Convertible Debentures amounting to 2.5 bn rupees, Credit ratings of the company upgraded from negative to stable

AHMEDABAD | MUMBAI | RAJKOT – Adani Ports and Special Economic Zone Ltd has brought back the final trench of 2,500 non-convertible debentures (NCDs) priced at 1 million (10,69,630) rupees each amounting to 2.5 billion (250 crore) rupees, having date of maturity on August 18, 2018, the company update said. The buyback is a part

Adani Ports SEZ raises 13 bn (1,300 cr) rupees via non convertible debentures on private placement basis

AHMEDABAD | MUMBAI | RAJKOT – Adani Ports Special Economic Zone Ltd has raised 13 billion (1,300 crore) rupees through private placement via allotment of 13,000 non-convertible debentures at price of 1 million (10 lakh) rupees each, the company said in regulatory filing to exchanges. This non-convertible debentures are rated, listed, secured, taxable, redeemable and