Tyre maker MRF allots NCDs worth Rs 150 cr via private placement

Tyre maker MRF allots NCDs worth Rs 150 cr via private placement

MRF has allotted 15,000 non-convertible debentures at a face value of Rs 1 lakh each.

FPJ Web DeskUpdated: Friday, February 24, 2023, 08:39 PM IST
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Image: MRF (Representative)

According to a regulatory filing, tyre maker MRF has allotted 15,000 non-convertible debentures at a face value of Rs 1 lakh each, on a private placement basis.

The rated, redeemable, listed, unsecured and taxable NCDs have been allotted for an aggregate price of Rs 150 crore.

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