Jio Infocomm, which is expected to launch full-fledged commercial operations by December this year, is preparing to raise up to Rs 750 crore through issuance of redeemable non-convertible debentures on a private placement basis, following last month’s debenture issue of up to Rs 2,250 crore.
In a filing to BSE, the telco said , “Pursuant to the approval of the Board of Directors and shareholders, the company proposes to issue secured redeemable non-convertible debentures aggregating up to Rs 750 crore, on private placement basis.
In May 2015, Jio has raised around Rs 4,500 crore from a consortium backed by Korea Trade Insurance Corporation to buy telecom equipment from Samsung Electronics and Ace Technologies.
Reliance Jio, which has launched services for its employees, partners and vendors on a trial basis, has recently extended its services to retail customers through employee-driven referral system. The services are currently available through LYF handsets only.
Dear readers, please share your views and opinions about these new attractive offers by BSNL via comments with us.
In a filing to BSE, the telco said , “Pursuant to the approval of the Board of Directors and shareholders, the company proposes to issue secured redeemable non-convertible debentures aggregating up to Rs 750 crore, on private placement basis.
In May 2015, Jio has raised around Rs 4,500 crore from a consortium backed by Korea Trade Insurance Corporation to buy telecom equipment from Samsung Electronics and Ace Technologies.
Reliance Jio, which has launched services for its employees, partners and vendors on a trial basis, has recently extended its services to retail customers through employee-driven referral system. The services are currently available through LYF handsets only.
Dear readers, please share your views and opinions about these new attractive offers by BSNL via comments with us.
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