Motilal Oswal Financial Services to issue NCDs worth Rs195cr
Fri, Nov 6, 2020 2:22 PM

Motilal Oswal Financial Services to issue NCDs worth Rs195cr

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Motilal Oswal Financial Services Limited informed the exchanges on Thursday that the company intends to issue 1,950 Secured Redeemable Rated Listed Principle Protected Non-Convertible Debentures of face value of Rs10 lakh each, amounting to Rs195cr on Private Placement Basis, in one or more tranches. NCDs are a debt instrument with a fixed tenure.

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