19 Jun, 2013
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Monday, April 16, 2012 - 14:09 IST
RBI Declined Proposed FCCB Restructuring By Plethico: Sanjay Pai, CFO
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This has put a question mark over how the company plans to meet the redemption call.
The Indian central bank has rejected a proposed restructuring of foreign currency convertible bonds (FCCBs) by Plethico Pharmaceuticals Ltd on ‘technical grounds’, according to the company’s chief financial officer Sanjay Pai. The company had...
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