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Prospect News home > News index > List of issuers I > Headlines for IRB Infrastructure Developers Ltd. > News item
Published on 12/6/2019 in the Prospect News Emerging Markets Daily.

India’s IRB Infrastructure board OKs up to Rs. 14 billion debentures

By Sarah Lizee

Olympia, Wash., Dec. 6 – IRB Infrastructure Developers Ltd. informed the Bombay Stock Exchange that its board of directors met on Friday and approved an issue of up to Rs. 14 billion secured redeemable nonconvertible debentures.

The debentures will be issued by way of private placement in one or more tranches, according to the notice.

Based in Mumbai, IRB is an infrastructure development and construction company.


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