New Delhi Television Limited files a fund-raising or capital proposal
In short
On the private placement basis, New Delhi Television Limited informed the Exchange that it will raise funds through the issuance of unsecured, non-convertible perpetual debentures. The amount will not exceed Rs. 800 crores. In simple terms, the company plans to borrow money from selected investors by issuing debt securities that do not convert into shares, up to a maximum of Rs. 800 crores. No closing date or validity period for the issue was stated.
Why it matters
The company is raising capital or altering its share structure — check the filing for amount, method (equity/debt/rights) and stated use of funds. This brief was written from the filing itself: at the time of writing, no publisher in our feed had covered it.