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Amtek India Raises $130M Through FCCBs

BY  TEAM VCC
Warburg Pincus, ChrysCapital exited when promoters sold their stake in the firm to Amtek Auto in a consolidation move.

At a time when Indian companies are struggling to redeem their foreign currency convertible bonds, Haryana-based Amtek India Ltd has raised $130 million (Rs 650 crore) by issuing such bonds on Tuesday, the company has informed...

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