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Prospect News home > News index > List of issuers S > Headlines for Sakthi Finance Ltd. > News item
Published on 3/20/2015 in the Prospect News Emerging Markets Daily.

India’s Sakthi wraps Rs. 1 billion offering of secured redeemable bond

By Devika Patel

Knoxville, Tenn., March 20 – Sakthi Finance Ltd. informed the Bombay Stock Exchange that it sold Rs. 1 billion of secured redeemable nonconvertible debentures at par of Rs. 100 each on Thursday.

The sale was approved by the board of directors on Jan. 19.

Sakthi Finance is a nonbanking finance company based in Tamil Nadu, India.


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