IL&FS Transportation has said that it is going to raise Rs 750 crore through non-convertible debentures.
It has said in a BSE filing that the committee of directors has given approval for allotment of 7,500 debentures aggregating to Rs 750 crore.
The company has said that “The committee of directors had approved on March 31, 2017, the allotment of 7,500 rated, listed, non-convertible debentures of the face value of Rs 10,00,000 aggregating to Rs 750 crore on a private placement basis.”
