The listing ceremony of PCMC’s green bonds was held at the BSE International Convention Hall, Bombay Stock Exchange (BSE). Pics/X
CM Fadnavis said that PCMC’s green bonds received an overwhelming response from investors
Within minutes of the issue, Rs 100 crore was raised, and investor interest grew fivefold thereafter, reflecting strong market confidence
The bonds, with a 5-year tenure, carry a competitive interest rate of 7.85 per cent
Listing bonds on the stock exchange is a complex process involving strict corporate norms
The central government has awarded an incentive grant of Rs 20 crore for issuing green bonds