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Published on 12/5/2011 in the Prospect News Emerging Markets Daily.

India's Muthoot Finance to sell up to Rs. 6 billion of debentures

By Ashley Montgomery

Kansas City, Kan., Dec. 5 - Muthoot Finance Ltd. informed the Bombay Stock Exchange that at a meeting on Monday, the board of directors approved plans to issue up to Rs. 6 billion of secured non-convertible debentures.

Ernakulam, India-based Muthoot is a non-banking finance company.


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