Moneycontrol PRO

business

Will fund expansion plans via Rs 1000-cr ECB: Guj Pipavav

After it posted an EBITDA margin of 48 percent, Gujarat Pipavav is now gearing up for its expansion plans. Prakash Tulsiani, managing director, Gujarat Pipavav says they will borrow capital worth Rs 1000 crore from external commercial borrowings (ECB).

first published: Feb 26, 2013 05:27 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347