Shivam Autotech to Raise ₹120 Crore Through Optionally Convertible Debentures
Shivam Autotech Ltd · SHIVAMAUTO · BSE ·
• Company is issuing 12,000 unlisted, secured, redeemable, optionally convertible debentures (OCDs) at ₹1,00,000 each • ₹115 crore (96%) will be used to repay existing non-convertible debentures to the same allottee • Remaining ₹5 crore allocated for long-term working capital req…