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 Corporate - Overseas Borrowings


Man Ind appoints co-lead managers for GDR issue

Our Bureau

MUMBAI: Man Industries (India) Ltd has informed the Bombay Stock Exchange that it has appointed ICICI Securities and Dubai Bank as co-lead managers to its upcoming GDR issue.

The company plans to raise equity capital up to $50 million through a GDR issue at Dubai International Financial Exchange Ltd (DIFX), Dubai.

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