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Shanthi Gears to raise $15mn via FCCBs

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Press Trust of India Mumbai
The board of directors of Shanthi Gears, which met yesterday, cleared a proposal to issue foreign currency convertible bonds (FCCBS) up to US $15 million to fund expansion programmes.

This was announced in a release issued by the the company to the BSE today.

 
 

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First Published: Aug 20 2005 | 1:32 PM IST

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