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Debt to come down by Rs 300cr post FCCB redemption: Sintex

Sintex has recently redeemed the Foreign Currency Convertible Bonds (FCCB) worth USD 292 million. This has been an overhang on the stock for sometime. Sunil Kanojia, Group President, Sintex told CNBC-TV18 that to redeem this, the company has taken both the equity and quasi debt routes.

first published: Mar 25, 2013 05:16 pm

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