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IRB Infrastructure Developers Ltd Announces To Issue Of Redeemable Non Convertible Debt Securities; Declares Fourth Interim Dividend


Wednesday, 15 May 2013 05:05am EDT 

IRB Infrastructure Developers Ltd announced that it has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2013, inter alia, has approved raising of funds by issue of Redeemable Non Convertible Debt Securities (including senior debt securities or subordinate debt securities) up to INR500 Crores (INR5 Billions) in one or more tranches on private placement basis. The Comapny also announced that its has declared Fourth Interim Dividend of INR1 per equity share of face value of INR10 each, for the financial year 2012-13. Fourth Interim Dividend will be paid / dispatched to the equity shareholders of the Company on or before June 05, 2013. 

Company Quote

243.6
-2.65 -1.08%
6:29am EDT