https://www.taxtmi.com/news?id=40736 The Telangana Industrial Infrastructure Corporation issued rated, listed senior secured taxable redeemable non-convertible debentures via private placement using 400 acres of land as "pre collateral," with proceeds placed in a TGIIC account through an escrow arrangement and applied to specified welfare schemes. Allegations contesting the land's entitlement and the mortgage prompted demands for agency inquiries, while the government asserts state ownership, pending formal transfer to TGIIC and ongoing judicial proceedings concerning environmental and ownership challenges. en-us Sat, 12 Apr 2025 19:01:03 +0530 Sat, 12 Apr 2025 19:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40736 The Telangana Industrial Infrastructure Corporation issued rated, listed senior secured taxable redeemable non-convertible debentures via private placement using 400 acres of land as "pre collateral," with proceeds placed in a TGIIC account through an escrow arrangement and applied to specified welfare schemes. Allegations contesting the land's entitlement and the mortgage prompted demands for agency inquiries, while the government asserts state ownership, pending formal transfer to TGIIC and ongoing judicial proceedings concerning environmental and ownership challenges. News - Sat, 12 Apr 2025 19:01:03 +0530 https://www.taxtmi.com/news?id=40736