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Idea Cellular to raise Rs 500 crore via NCDs

Idea Cellular to raise Rs 500 crore via NCDs

Telecom operator Idea Cellular plans to raise Rs 500 crore through issuance of non-convertible debentures (NCDs). “The company is proposing to issue unsecured redeemable non-convertible debentures amounting to Rs 500 crore on a private placement basis,” Idea said in a regulatory filing.