Srei Infrastructure gains as it seeks Sebi nod to raise Rs 150 crore via NCDs

Shares of Srei Infrastructure Finance Ltd rose nearly 1 per cent in early trade on Bombay Stock Exchange (BSE) after the company sought market regulator Sebi's approval to raise up to Rs 150 crore through non-convertible debentures (NCDs) for use towards its financial activities.

The shares of company rose as much as 0.18 per cent to trade at Rs 28 a piece on the BSE.

However, shares of the company rose 0.36 per cent to Rs 28.10 a piece on National Stock Exchange.Meanwhile, the broader benchmark Sensex was quoting at 22,364.69, up 5.19 points or 0.02 per cent at 10:28 hours.

Dion Global Solutions Ltd.

Read more about: srei infrastructure finance, sebi, ncd
Story first published: Monday, April 7, 2014, 12:48 [IST]
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