Gabriel India Limited approved debentures up to Rs 10,00,00,00,000 with a 2029 maturity Back

<p>Gabriel India Limited announced that its Finance Committee approved the allotment of 1,00,000 senior, unsecured, rated, listed, redeemable, non-convertible debentures with a face value of Rs 1,00,000 each, for an aggregate principal amount of up to Rs 10,00,00,00,000 on a private placement basis. The debentures will be listed on the Wholesale Debt Market segment of BSE Limited and will carry a coupon rate of 8.15% per annum, with a maturity date of September 10, 2029.</p>