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India’s Kolte-Patil wraps Rs. 300 million 12¼% debentures placement
By Devika Patel
Knoxville, Tenn., Jan. 16 – Kolte-Patil Developers Ltd. informed the Bombay Stock Exchange that it completed a Rs. 300 million private placement of 12¼% series II secured redeemable taxable non-convertible debentures at a board of directors meeting on Jan. 16.
The company sold 300 debentures with a par value of Rs. 1 million each.
The real estate company is based in Pune, India.
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