India Grid Trust Is Offering up to 8.20% Interest on NCDs. Should You Invest?
Moneylife Digital Team 27 April 2021
India Grid Trust, a listed infrastructure investment trust (InvIT) holding power sector assets, is planning to raise up to Rs1,000 crore through the issuance of secured non-convertible debentures (NCDs). The first tranche of the public NCD issue will open tomorrow on 28 April 2021 and will close on 5 May 2021.
 
The NCDs will pay a minimum 6.75%pa (per annum) and maximum 8.20%pa as...
Premium Content
This is a premium article. Your annual or monthly subscription will not give you access if it is outside your subscription period. You can buy it individually
Pay Per Article Gift An Article
Subscriptions
Access will cover your subscription period. Archives not included. Articles outside the subscription period can be bought individually.
Yearly Digital Access Monthly Digital Access
Already a subscriber ? Log in
Free Helpline
Legal Credit
Feedback