HEG approves ₹6.33 billion investment in TACC debentures
after close1 source ↓written by the desknot a recommendation
- investment in optionally
- ₹6.33 billion
- per annum
- 0.01%
HEG Limited's board has approved a ₹6.33 billion investment in optionally convertible debentures of TACC Limited, enhancing its growth strategy. The investment allows conversion into equity shares at HEG's discretion, with a nominal coupon rate of 0.01% per annum. This move may strengthen HEG's financial position and market presence.
Not investment advice. For informational purposes only.