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Corporate - Overseas Borrowings
Board nod for Binani Cement plans

Coimbatore, Jan. 19

Binani Cement Ltd has said that the board of directors at its meeting held on Saturday has approved the issue of FCCBs/ADRs/GDRs and/or any other instruments aggregating $125 million, and increase in borrowing limits from Rs 1,000 crore to Rs 2,000 crore, subject to necessary approvals.

— Our Bureau

More Stories on : Overseas Borrowings | Cement

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