Market Samachar
Home  ›  COMPANIES
Language Englishతెలుగుहिन्दीதமிழ்मराठीবাংলাಕನ್ನಡ
STOCKS-MARKETS-ECONOMIC TIMES · COMPANIES ·

Power Grid of India board okays raising borrowing limit to Rs 2.2 lakh cr

As reported by Stocks-Markets-Economic Times
The board of Power Grid Corporation has approved a substantial raise in its borrowing limit to Rs 2.2 lakh crore, up from Rs 1.8 lakh crore, subject to shareholder consent. Furthermore, the company intends to obtain USD 500 million in foreign currency resources via External Commercial Borrowings. The board has also sanctioned an investment of Rs 772.
▸ MARKET SAMACHAR ANALYSIS
Our editorial commentary, not the publisher's article body.

Power Grid Corporation's board has approved increasing its borrowing limit to Rs 2.2 lakh crore from Rs 1.8 lakh crore, pending shareholder approval. The company also plans to secure USD 500 million in foreign currency through External Commercial Borrowings. Additionally, an…

▸ MARKET SAMACHAR VIEW
NEUTRAL
Read full article on Stocks-Markets-Economic Times ↗

Market Samachar is a news aggregator. This article was originally published by Stocks-Markets-Economic Times. Tap the button above to read the full story on their site.

🔥 Hot Now
Top stories across markets in the last hour

More from Market Samachar