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Prospect News home > News index > List of issuers M > Headlines for MRF Ltd. > News item
Published on 11/8/2019 in the Prospect News Emerging Markets Daily.

India’s MRF board OKs up to Rs. 1.02 billion of nonconvertible debt

By Sarah Lizee

Olympia, Wash., Nov. 8 – MRF Ltd. informed the Bombay Stock Exchange that its board of directors met on Friday and approved an issue of up to Rs. 1.02 billion of nonconvertible debentures.

The debentures will be issued on a private placement basis, according to the notice.

The Chennai, India-based company manufactures rubber products.


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