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IL&FS Transportation board allots Rs. 1 billion secured debentures
By Tali Rackner
Minneapolis, Feb. 1 – IL&FS Transportation Networks Ltd. informed the Bombay Stock Exchange that its committee of directors allotted 1,000 secured redeemable non-convertible debentures with a face value of Rs. 1 million each.
The total allotment of the rated and listed debentures is Rs. 1 billion, to be issued on a private placement basis.
IL&FS Transportation is a surface transportation infrastructure company based in Mumbai.
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