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Published on 11/7/2008 in the Prospect News Emerging Markets Daily.

India's Aditya Birla Nuvo issues Rs. 1.25 billion in debentures

By Devika Patel

Knoxville, Tenn., Nov. 7 - Aditya Birla Nuvo Ltd. informed the Bombay Stock Exchange that it has issued Rs. 1.25 billion in secured redeemable non-convertible debentures in a private placement.

Each debenture has a face value of Rs. 1 million. The company sold 1,250 of the securities.

Gujurat, India-based Aditya Birla Nuvo offers an array of products and services through its subsidiaries.


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