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Published on 9/5/2012 in the Prospect News Emerging Markets Daily.

India's 1225ICFP16B announces up to Rs. 250 million debentures issue

By Ashley Montgomery

Kansas City, Kan., Sept. 5 - 1225ICFP16B informed the Bombay Stock Exchange that it plans to issue up to Rs. 250 million secured redeemable non-convertible debentures.

The India-based company said its debenture committee approved the issue at a meeting on Tuesday.

The debentures will be issued on a private placement basis.


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