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Prospect News home > News index > List of issuers P > Headlines for Panyam Cements & Mineral Industries Ltd > News item
Published on 3/30/2016 in the Prospect News Emerging Markets Daily.

India’s Panyam Cements & Mineral OKs Rs. 330 million of debentures

By Tali Rackner

Norfolk, Va., March 30 – Panyam Cements & Mineral Industries Ltd. informed the Bombay Stock Exchange that its board of directors approved issuing Rs. 330 million of nonconvertible debentures.

The company will issue 266 debentures for EW India Special Assets Fund Pte. Ltd. and 64 debentures for Ecap Equities Ltd., each with a face value of Rs. 1 million.

Panyam Cements & Mineral is a Hyderabad, India-based cement manufacturing company.


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