India’s Power Grid committee to mull secured redeemable taxable bonds

By Wendy Van Sickle

Columbus, Ohio, Dec. 8 – Power Grid Corp. of India Ltd. informed the Bombay Stock Exchange that its committee of directors for bonds will meet on Wednesday to consider an issue of secured redeemable nonconvertible non-cumulative taxable bonds.

The debentures will be issued by way of private placement.

Power Grid is a utility company based in Gurgaon, India.

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