India: The board of JK Cement has recommended a proposal for the company to seek to raise US$64.4m via non-convertible debentures (NCDs). Under the proposal, the cement producer would issue the NCDs on a private placement basis in one or more tranches.
JK Cement to raise US$64.4m
Written by Global Cement staff
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.