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India’s Kotak Mahindra Prime to sell up to Rs. 8 billion debentures
By Marisa Wong
Morgantown, W.Va., March 15 – Kotak Mahindra Prime Ltd. plans to offer Rs. 2.2 billion of secured redeemable non-convertible debentures with a Rs. 5.8 billion oversubscription option on a private placement basis, according to a Bombay Stock Exchange notice.
The vehicle financing company is based in Mumbai.
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