Sure Financial institution board approves plan to lift as much as Rs 10,000 cr through debt


on Thursday acquired board approval for elevating as much as Rs 10,000 crore by issuing debt securities.

The board of administrators in its assembly held on June 10, 2021, thought of and accredited looking for shareholders’ approval for borrowing funds in Indian/overseas forex as much as Rs 10,000 crore by issuing debt securities, stated in a regulatory submitting.

The kinds of debt securities to be issued embody non-convertible debentures, bonds, medium-term word (MTN), amongst others, the financial institution stated.

shares closed 3.03 per cent up at Rs 14.64 apiece on BSE.

(Solely the headline and film of this report might have been reworked by the Enterprise Customary workers; the remainder of the content material is auto-generated from a syndicated feed.)

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