Vijayawada, Aug. 21 -- Andhra Pradesh Mineral Development Corporation Limited (APMDC), a Government of Andhra Pradesh undertaking, has been conferred the prestigious 'Best State Linked Issuer' Award at the ASSOCHAM IX National Summit & Awards on Corporate Bond Market, held in Mumbai.
The award, presented yesterday, recognises APMDC's successful initiative in accessing the corporate bond market and mobilizing Rs 9,000 crore through Secured Non-Convertible Debentures (NCDs), marking a significant fund-raising initiative by a State-linked entity.
APMDC expressed its sincere gratitude to the Chief Minister N Chandrababu Naidu for guidance. The Corporation also acknowledged the valuable support extended by the Finance Department and other inst...