Nov 23, 2012 05:52 PM IST | Source:

Ranbaxy Labs issues redeemable NCDs worth Rs 500cr

Ranbaxy Labs has issued 5000 secured 9.20% redeemable NCDs of face value of Rs 10 Lk each, for cash at par, aggregating Rs 500cr

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Todays L/H

Ranbaxy Laboratories Ltd has informed BSE that the Company on November 23, 2012 has issued 5,000 Secured 9.20% Redeemable Non-Convertible Debentures of face value of Rs. 10,00,000/- each, for cash at par, aggregating Rs. 500 Crores, on a private placement basis, for general corporate purposes. These Debentures have been rated AA+ by CARE and are proposed to be listed on National Stock Exchange of India Ltd. (NSE).Source : BSE

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