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VERIFIEDMint Markets·neutral
Maharatna PSU stock Power Grid to raise ₹5,000 crore through bonds: Check issue size, tenure and details
AI Summary
- ·Power Grid Corporation of India plans to raise ₹5,000 crore via private bond placement.
- ·The bonds will have a 10-year tenure with annual redemptions starting after four years.
- ·These unsecured bonds will be listed on the BSE and NSE.