Tuesday, December 8, 2015

Talwalkars to issue 250 NCDs valuing Rs.25 cr

Talwalkars Better Value Fitness has informed the exchanges that its board of directors on Monday approved the allotment of 250 non-convertible debentures of Rs.10 lakh each (10 per cent, secured, taxable, redeemable) aggregating to Rs.25 crore. 

The company, however, did not say to whom the debentures were allotted. Shares of Talwalkars edged down 0.55 per cent at Rs.261.10 on the NSE.

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