The power financier is likely to issue ₹600 crore worth of five-year non-convertible debentures with a greenshoe option of ₹3,000 crore on May 8. On the same day, the firm is also likely to issue three-year bonds worth ₹400 crore with an additional subscription option of ₹2,000 crore.
Urban Company shares surge 7% to 11-month high, rally 16% in 2 sessions. Here are 2 reasons why
Urban Company shares rallied on Monday, after a bullish brokerage call and a legal development involving Kent RO. Kent RO has agreed to remove advertisements