CESC Ltd announced on Monday that its board has approved raising Rs 250 crore through the issuance of Non-Convertible Debentures (NCDs).

In a stock exchange filing, the company stated that the deemed date of allotment for the NCDs is set for April 11.

"A Committee of the Board has approved the issuance of 25,000 secured, unlisted, redeemable, rated NCDs with a face value of Rs 1 lakh each, aggregating to ?250 crore, through private placement," the filing said.