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India’s KEC International allots Rs. 250 million secured debentures
By Wendy Van Sickle
Columbus, Ohio, Oct. 28 – KEC International Ltd. allotted Rs. 250 million of secured redeemable nonconvertible debentures Friday, according to a Bombay Stock Exchange notice.
The 250 debentures with a face value of Rs. 1 million each will be issued in three series on a private placement basis to funds of HDFC Asset Management Co. Ltd.
KEC International is an electric power transmission company based in Mumbai.
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