In a communication to the stock exchange, Srei Infrastructure Finance informed that during the financial year 2013-14 the company is permitted by its board to raise Rs 1,500 crore through debentures.
This amount can be raised through public issue of secured, redeemable, non-convertible debentures in one or more tranches during the current fiscal, the firm said.
The company’s board has also approved to raise up to Rs 500 crore in one or more tranches through issue of preference shares.
Leave a Reply
You must be logged in to post a comment.