Announcement

Monday, April 12, 2010

Pipavav Shipyard to raise INR 177 crore through debentures

Pipavav Shipyard said that it will raise INR 177.80 crore by issuing debentures to two strategic investors.

The company will reportedly allot 2.54 crore convertible unsecured debentures of INR 70 to Valiant Mauritius Partners Ltd and Valiant Mauritius Partners Offshore Ltd aggregating USD

Sourse: More Info

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