India Cements Eyes Up to Rs 7.50 Bn via Bonds

29 Mar 2024 CW Team

India Cements Limited is considering raising up to Rs 7.50 billion through the issuance of bonds. This strategic move reflects the company's efforts to enhance its financial flexibility and strengthen its capital base amidst evolving market conditions.

The potential bond issuance underscores India Cements' proactive approach to capital raising, aiming to support its business expansion plans and fund capital expenditure projects. By tapping into the bond market, the company seeks to diversify its funding sources and optimise its capital structure.

The funds raised through the proposed bond issuance are expected to be utilised for various purposes, including debt repayment, working capital requirements, and strategic investments. This initiative aligns with India Cements' long-term growth strategy and underscores its commitment to creating value for shareholders.

Furthermore, the bond issuance presents an attractive investment opportunity for investors seeking fixed-income securities with potentially attractive returns. India Cements' strong market presence and robust financial performance position it favourably in the bond market, attracting investor interest.

Overall, India Cements' plans to raise funds via bonds underscore its proactive stance in managing its financial affairs and pursuing growth opportunities. As the company proceeds with its bond issuance, it is poised to strengthen its financial position and capitalise on emerging market opportunities in the cement sector.

Infrastructure Transport

06 Aug 2026

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..