Shapoorji Pallonji Group Co raises Rs 750 crore via NCBs by pledging SICL shares
29 Dec 2021
Share
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.