Indian Hotels Company (IHCL) is targeting to cut high cost
debt by Rs 550 crore by utilizing a part of the proceeds from its
upcoming rights issue. IHCL is to issue compulsorily convertible
debentures (CCDs) for Rs 1,000 crore on a rights basis. Part of the
proceeds would be utilised towards capital expenditure proposed to be
incurred by the company for construction of its Vivanta by Taj in
Guwahati.
For more information ✆ - 0731-6642300 or Visit https://www.epicresearch.co/
For more information ✆ - 0731-6642300 or Visit https://www.epicresearch.co/
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