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Expect RBI approval for FCCBs extension soon: Subex

Subex’s foreign currency convertible bonds (FCCBs) are due on March 9. In an interview to CNBC-TV18, Subash Menon, MD and CEO says, the company has applied to the RBI for extension of the due date from March 9 to July 9. “We are quite confident that the RBI approval will come through. We are expecting that in the next few days," he adds.

February 24, 2012 / 17:55 IST
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Subex

TAGS: #Business #FCCBs #foreign currency convertible bonds #Subash Menon #Subex
first published: Feb 24, 2012 02:17 pm

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