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Oriental Hotels to raise funds via NCDs

Oriental Hotels has received board’s approval to raise funds through issue of Non-Convertible Debentures or other debt securities on a private placement basis for raising funds during the financial year 2019 – 2020. The Board of Directors of the Company at its meeting held on April 25, 2019 has approved the same.

Oriental Hotels is an India-based holding company. The company is engaged in the business of hoteliering, including accommodation, restaurants and catering services.

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