Breaking News

You are here » Indian-Commodity  :  Top News  :  Repco Home Finance plans to raise Rs 100 crore through NCDs

01-Oct2016

Repco Home Finance plans to raise Rs 100 crore through NCDs

Repco Home Finance (RHF) is planning to raise Rs 100 crore through secured redeemable non-convertible debentures on Private Placement basis. The NCDs will mature on October 4, 2019. The Coupon rate on the bonds is at 8.5 per cent per annum. The Securities Allotment Committee of the Board of Directors will consider the same at a meeting on October 5, 2016.

Repco Home Finance is a professionally managed housing finance company headquartered in Chennai, Tamil Nadu. The company is operating through 80 branches and 13 satellite centres in Tamil Nadu, Andhra Pradesh, Kerala, Karnataka, Maharashtra, Gujarat, Odisha, West Bengal and Puducherry.


Related News

View all news

Jeera futures edge tad higher on NCDEX

Jeera futures edged tad higher on NCDEX, due to increased demand from stockists and retailers in midst of the anticipation that cumin production might decline because of prevailing water crisis......

Turmeric futures trade higher on rise in demand

Turmeric futures traded higher on NCDEX, as the speculators engaged in widening of bets on the back of rise in demand in the physical markets. Moreover, dip in stock levels and lower arrivals of quality......

Barley futures surge on firm demand

Barley futures surged on NCDEX, as the participants widened their positions tracking firm demand from consuming industries. The contract for November delivery was trading at Rs 1880.00, up by......

Top News

View all news

Hatsun Agro Product envisaging plans to set up dairy plant in Odisha

Hatsun Agro Product is envisaging plans to set up a dairy plant in the State of Odisha considering an attractive proposition for investment offered by the State of Odisha and has submitted 'Investment......

Tata Motors to launch new versions Tiago JPT, Tigor JPT: Report

Tata Motors is reportedly planning to launch two new versions of the car, namely, Tata Tiago JPT and Tata Tigor JPT, on October 26, 2018. In design, both cars look similar to their previous models Tiago......

Hero MotoCorp launches new Destini 125 scooter

Hero MotoCorp has launched the new Destini 125 scooter. The powerful Destini 125 aims to fortify the company's presence in the fast-growing 125cc scooter segment.The new Destini 125 will be available from......