India’s Vipul board OK’s Rs. 100 million of nonconvertible debentures

By Wendy Van Sickle

Columbus, Ohio, Nov. 23 – Vipul Ltd.’s board of directors’ debenture committee on Monday approved issuing Rs. 100 million of secured redeemable nonconvertible debentures on a private placement basis, according to a Bombay Stock Exchange notice.

The issue of tranche/series 3 debentures will open and close Friday.

The real estate developer is based in New Delhi.

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