Financial Daily from THE HINDU group of publications
Wednesday, Apr 26, 2006


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - Overseas Borrowings


Jubilant Organosys raises $200 m

Our Bureau

New Delhi, April 25

Jubilant Organosys Ltd has raised $200 million through the FCCB route at a conversion rate of Rs 413.45 per Re 1 share, a 50 per cent premium to Monday's closing price.

The zero-coupon bonds that mature in five years will be listed on the Singapore Stock Exchange and the shares will be listed on the Luxembourg Exchange, the statement said. The proceeds of the issue will be used to fund acquisitions, capital expenditure for organic growth or any other permitted use.

More Stories on : Overseas Borrowings | Pharmaceuticals

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Rajshree Sugars board meet on May 3


Austrian panel rules in Ranbaxy's favour on lipitor
NPIL board nod for raising up to $1.5 b
Shringar Cinemas raises $20 m
Jubilant Organosys raises $200 m
Ministry to issue tender for e-liquidation of companies
Elgi Equipments recommends 60 pc final dividend
IPCL to merge 6 polyester cos with itself
Resurgent India strikes back with confidence
Ansal Properties board okays merger
BEML plans assembly units in Africa, Latin America
Opto Circuits' arm signs pact with Fumedica
Rogers Group keen on pacts with Indian cos
MTNL to foray into real estate
MRPL may firm up proposal to lift crude from PMT in May
ONGC's coal bed methane contracts get delayed
Tubeknit Fashions eyes US market
BILT records 26.8 pc rise in Q3 net profit
Ravi Krishnan, real estate India fund head



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line