Brown and Company to raise Rs. 5 b via debentures

Tuesday, 28 December 2021 02:35 - - {{hitsCtrl.values.hits}}

Brown and Company PLC is set to raise Rs. 5 billion via a listed debenture issue.

Its Board has resolved to issue up to 50 million listed, rated, guaranteed, senior, redeemable debentures of

Rs. 100 each.

The move is subject to necessary regulatory approvals.

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