At a meeting held on May 22, 2024
The Board of Torrent Power, in its meeting held on May 22, 2024, approved to raise up to Rs 5,000 crore by issuing shares and/or convertible debentures and/or convertible debentures and/or other securities convertible into shares at option. of the Company through a private placement offering or a qualified institutional placement in one or more tranches.
The Board also approved raising up to Rs 3,000 crore by issuing non-convertible debentures in one or more tranches through private placement.
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First published: May 22, 2024 | 20:01 IS
