The board of JK Cement has recommended a proposal for the company to seek to raise US$64.4 million via non-convertible debentures (NCDs).
The board of JK Cement has recommended a proposal for the company to seek to raise US$64.4 million via non-convertible debentures (NCDs). Under the proposal, the cement producer would issue the NCDs on a private placement basis in one or more tranches.