India’s Shilpi Cable allots Rs. 108 million unsecured redeemable notes

By Susanna Moon

Chicago, March 10 – Shilpi Cable Technologies Ltd. notified the Bombay Stock Exchange that it allotted Rs. 108 million of unsecured redeemable debentures.

Shilpi has allotted 1,080 of the unlisted debentures of Rs. 100,000 each in a private placement, according to the company notice.

The issue was approved at a board meeting held on Friday.

Shilpi is a New Delhi, India-based company that manufactures electrical wires and cables.

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