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Cellecor Gadgets board meeting outcome announcements

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12:36 IST NSE
Board Meeting OutcomeCellecor Gadgets Ltd CELLECOR

Cellecor Gadgets Board Meeting Outcome

Cellecor Gadgets Limited approved the allotment of 330 Unsecured Foreign Currency Convertible Bonds (FCCBs) totaling USD 33 million (₹310.2 Crore). The bonds carry a 2% annual coupon rate with a 60-month tenure and were issued at a 12% discount. This capital raise will support the company's long-term financial objectives.

Value
₹310.2 Cr
Execution
60 months