2 sources
Tess Agro plans Rs. 250mn debenture issue, proposes warrants listing
Tess Agro PLC has announced plans to raise Rs. 250 million through the issue and listing of unsecured debentures, subject to shareholder
Summary
The debentures will have a five-year tenure and will be redeemed at maturity. In addition, the company proposes to issue warrants together with the debentures, on the basis of 40 warrants for every one debenture. The warrants will be listed on the CSE and will be freely transferable, subject to compliance with listing rules.
What this story is about
Organisations
- Colombo Stock Exchange2
- Tess Agro2
- Board of Directors
- Colombo/Jan27/2026
- Listing Rules
- Tess Agro PLC
- Warrants
- Company
Keywords
- debentures
- unsecured
- proposes
- rs470mn
- equity
- linked
- issue
- plans
- raise
- upto
Names and places drawn from every article in this story. The number shows how many of them mentioned it.
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