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Kotak Cherry s chief executive Srikanth Subramanian, Kotak Wealth Management s investment products head Dharmendra Jain and senior product heads Shobhit Mathur and Mayank Rathi are all exiting the firm to join AngelOne.
Non-banking financial company 360 One Prime, formerly IIFL Wealth, on Monday said it will raise up to Rs 1,000 crore debt through its maiden public issue of secured, redeemable, Non-Convertible Debentures (NCDs).
The NCDs will be issued at face value of Rs 1,000 each, with a coupon rate of 9.66 percent. The issue opens on January 11 and closes January 24, with an option of early closure or extension, the company has said
The public issue opens on Thursday, 11th January, 2024 and closes on Wednesday, 24th January, 2024, with an option of early closure or extension in compliance with Securities and Exchange Board of India Issue.