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Srei Infrastructure Finance Ltd has said that its subsidiary aims to raise up to Rs 500 crore via public issue of non-convertible debentures (NCDs).
The company has said in a BSE filing that “Srei Equipment Finance, a wholly-owned subsidiary of Srei Infrastructure Finance, is proposing a public issue of secured redeemable NCDs of face value of Rs 1,000 each aggregating up to Rs 500 crore.”
The issue that proposes to be listed with the exchanges NSE and BSE, will open on January 3 and close on January 20, 2017.
