IOC raises Rs 2,995 cr debt to meet capex
Mar 16, 2020, 16:06 IST
New Delhi, Mar 16 () State-owned Indian Oil Corporation (IOC) on Monday said it has raised Rs 2,995 crore through a privately placed debenture issue to fund its capital expenditure requirements. The company "issued 29,950 unsecured, rated, taxable, redeemable, non-convertible debentures of Rs 10,00,000 each aggregating to Rs 2,995 crore on a private placement basis on March 6, 2020, to meet its capex (capital expenditure) requirement," it said in a regulatory filing. ANZ HRS
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