Prism Cement is going to raise Rs 200 crore through issuing non-convertible debentures (NCDs) on a private placement basis.

Prism Cement has said in a BSE filing that “The Board of Directors of the company at its meeting held on November 30, 2016 approved issue of secured, rated, listed, non-convertible, redeemable taxable debentures – Tranche VIII (NCDs) aggregating Rs 200 crore on private placement basis.”

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