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Pidlite Industries raises Rs750 mn via debentures

Pidlite Industries raises Rs750 mn via debentures
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First Published: Mon, Dec 22 2008. 06 07 PM IST
Mumbai: Pidlite Industries Ltd has said that it has raised Rs750 million by privately placing debentures with banks, insurers and mutual funds.
The non convertible debentures have an annual coupon rate of 10.2% for three years, the adhesive maker said in a statement.
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First Published: Mon, Dec 22 2008. 06 07 PM IST