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CONCOR Board approves borrowing of funds up to Rs3500 cr

The Board of Container Corporation Of India at its meeting held on 21 May 2021 has accorded its in-principle approval for exploring the possibility of borrowing an amount not exceeding Rs.3,500 crore.
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The Board of Container Corporation Of India at its meeting held on 21 May 2021 has accorded its in-principle approval for exploring the possibility of borrowing an amount not exceeding Rs.3,500 crore by the Company from any bank(s)/ corporate(s) and institution(s) towards executing long term lease agreement(s) for Railway Land(s).

Source : Business Standard.

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