According to the report, 99.85 per cent shareholders voted in favour of the resolution to "offer or invite subscriptions for government guaranteed, unsecured, listed, redeemable Non-Convertible Debentures (NCDs) in the nature of bonds, in one or more series I tranches, aggregating up to Rs 17,571 crore on private placement basis".
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Thursday, October 13, 2022
MTNL gets shareholders' nod to raise Rs 17,571 crore via bonds, borrow Rs 35,000 crore from banks
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