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Board of Swelect Energy Systems approves NCD issuance of Rs 138.5 cr As on : 18-Dec-24  18:54

The Board of Swelect Energy Systems at its meeting held on 18 December 2024 has approved raising of funds y way of issuance of up to 1385 Secured, Unlisted, Rated, Redeemable, NonCumulative, Taxable, Non-Convertible Debentures (NCDs) having a face value of Rs 10,00,000 each aggregating to Rs.138.5 crore in one or more tranches on a Private Placement basis.

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