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“..the committee of directors for fund raising at their meeting today has inter-alia, approved the allotment of 15,000 rated, listed, unsecured, redeemable non-convertible debentures of face value of Rs 10,00,000 each in three series, aggregating upto Rs 1,500 crore on private placement basis,” Indus said in a Wednesday afternoon exchange filing.
The funds via issuance of NCDs will be raised in three tranches or `series’ of Rs 750 crore, Rs 375 crore and Rs 375 crore respectively. The tenure of the three series are 24, 30 and 36 months, according to Indus’ exchange filing.
At Indus’s second quarter earnings call in late-October, CFO Vikas Poddar had said the company is raising funds via issuance of NCDs as it’s classified as a large corporate, and is accordingly, required to comply with a provision of raising a minimum 25% of its incremental long-term borrowing by way of debt securities.
He had added that the money would be used for investment towards the company’s growth and funding capex needs.
Indus had recently made a provision of Rs 1,770.9 crore towards doubtful debt in the fiscal second quarter, a sharp 43% rise on-quarter, as the telecom infrastructure provider was yet to receive payment from cash-strapped Vodafone Idea<\/a> (Vi), a key customer. Indus, in fact, has agreed to Vi’s request for softer payment terms.
The dues from Vi have dented Indus’s second quarter net profit which plunged 44% on-year to Rs 872 crore. ET had earlier reported that Vi owes nearly Rs 7,000 crore to Indus.
Under the softer payment proposal, Vi will clear its dues outstanding as of December 31, 2022, between January and July 2023, and 100% of its dues from January 2023 onwards.
Indus shares<\/a> were trading 1.08 % lower at Rs 196.25 on the BSE<\/a> Wednesday.
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印度河董事会书到Rs 1500 cr筹资通过非传染性疾病3部分
“. .进行融资的董事委员会会议今天尤其,批准15000年分配评分、上市,无担保,可赎回不可自由兑换的债券面值的Rs 10, 00000年三个系列,每个聚合私人配售的基础上高达1500卢比,”印度周三下午交换文件中说。
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“. .进行融资的董事委员会会议今天尤其,批准15000年分配评分、上市,无担保,可赎回不可自由兑换的债券面值的Rs 10, 00000年三个系列,每个聚合私人配售的基础上高达1500卢比,”印度周三下午交换文件中说。
通过发行基金的非传染性疾病将提高三部分或750卢比的系列,分别为375卢比和375卢比。这三个系列的任期是24日,30、36个月,根据印度的交换文件。
10月下旬在印度河第二季度财报电话会议上,首席财务官维波达尔曾表示,该公司通过发行筹集资金的非传染性疾病的分类作为一个大公司,,因此,需要遵守规定的提高至少25%的增量长期借款的债务证券。
他补充说,这笔钱将用于投资对公司的增长和资金资本支出需求。
印度最近做了一个提供1770 .9卢比对呆账的第二财季,一季度经济增长43%,随着电信基础设施提供者尚未收到付款从囊中羞涩沃达丰的想法(Vi),一个关键的客户。印度河,事实上,已经同意Vi柔和的请求付款条件。
费从Vi动摇了印度河的第二季度净利润同比下降44%至872卢比。等早前报道,印度河Vi欠将近7000卢比。
根据软付款提议,Vi将明确其会费杰出截至12月31日,2022年1月至2023年7月,从2023年1月开始和100%的税。
印度股票在Rs 196.25交易降低1.08%吗疯牛病星期三。
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