Repco Home Finance (NSE:REPCOHOME, BOM:535322) plans to raise 1.25 billion Indian rupees through the issue of non-convertible debentures on a private placement basis, according to a Monday filing to the Indian stock exchanges.
The Securities Allotment Committee of the company's board of directors is scheduled to meet on March 13 to decide on the proposed debenture issue.
The company's shares were down over 2% in recent trade.