Sensex

Wednesday, May 11, 2011

Karur KCP Packkagings Ltd: RBI Approval for revision of the terms and conditions of the USD 10,000,000 2% unsecured FCCBs due 2011

Karur KCP Packkagings Ltd has informed BSE that the Reserve Bank of India has approved:

1. Extension of the maturity of FCCBs from April 27, 2011 to April 26, 2016; and

2. Revision in YTM from 7 % per annum to 5 % per annum.

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