| The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both Automatic Route and Approval Route, for the month of February 2008. |
| Data on External Commercial Borrowings / FCCB - February 2008 |
| I. Automatic Route* |
| Sr. No. |
ECB / FCCB |
Borrower |
Equivalent Amount in USD |
Purpose |
Maturity Period (Aprx) |
| 1 |
FCCB |
Karuturi Networks Ltd |
50,000,000 |
Overseas Acquisition |
5 years 3 months |
| 2 |
ECB |
The West Coast Paper Mills Ltd. |
40,000,000 |
Rupee Expenditure Loc.CG |
11 years 4 months |
| 3 |
ECB |
Autoliv India Pvt.Ltd. |
5,000,000 |
Import of Capital Goods |
3 years 11 months |
| 4 |
ECB |
Chennai International Terminals Pvt.Ltd. |
32,500,000 |
Import of Capital Goods |
6 years 11 months |
| 5 |
FCCB |
Evinix Accessories Ltd. |
12,000,000 |
Overseas Acquisition |
5 years |
| 6 |
FCCB |
Vardhman Polytex Limited |
12,000,000 |
Import of Capital Goods |
5 years 1 month |
| 7 |
ECB |
Manuli Hydraulics India Pvt.Ltd. |
300,000 |
Import of Capital Goods |
4 years 3 months |
| 8 |
ECB |
KJK Meisterhonen Pvt.Ltd. |
147,505 |
Import of Capital Goods |
5 years 11 months |
| 9 |
ECB |
Recaero India PVT. LTD. |
442,516 |
Import of Capital Goods |
6 years 1 month |
| 10 |
ECB |
Sanathan Textiles Pvt.Ltd. |
4,865,250 |
Import of Capital Goods |
7 years 6 months |
| 11 |
ECB |
Worldbestech Cool Panel India Pvt.Ltd. |
1,000,000 |
Import of Capital Goods |
5 years 5 months |
| 12 |
ECB |
MM Forgings Ltd. |
6,374,468 |
Import of Capital Goods |
6 years 8 months |
| 13 |
ECB |
Endurance Technologies Pvt.Ltd. |
3,976,144 |
Import of Capital Goods |
6 yeas 5 months |
| 14 |
ECB |
National Engineering Industries Ltd. |
16,750,000 |
Import of Capital Goods |
4 years |
| 15 |
ECB |
Alpla India Pvt.Ltd. |
1,475,053 |
Import of Capital Goods |
6 years 11 months |
| 16 |
ECB |
Aries Agro Ltd. |
1,640,000 |
Overseas Acquisition |
6 years 11 months |
| 17 |
ECB |
John Energy Ltd |
13,400,000 |
Import of Capital Goods |
5 years 6 months |
| 18 |
ECB |
Cadila Healthcare Limited |
27,000,000 |
Refinancing of old loans |
5 years 6 months |
| 19 |
ECB |
Samson Maritime Ltd. |
10,125,000 |
Import of Capital Goods |
8 years 7 months |
| 20 |
ECB |
Craftsman Automation Pvt.Ltd. |
2,482,756 |
Import of Capital Goods |
5 years |
| 21 |
ECB |
Motherson Sumi Systems Ltd. |
20,000,000 |
Import of Capital Goods |
6 years 10 months |
| 22 |
ECB |
Global Stamping & Welding Automotive P L |
3,000,000 |
Import of Capital Goods |
3 years |
| 23 |
ECB |
Aries Agro Ltd. |
3,690,000 |
Overseas Acquisition |
6 years 11 months |
| 24 |
ECB |
Emcure Pharmaceuticals Limited |
5,000,000 |
Import of Capital Goods |
5 years 8 months |
| 25 |
ECB |
J.K.Paper Ltd. |
5,000,000 |
Import of Capital Goods |
10 years 2 months |
| 26 |
ECB |
The Supreme Industries Ltd. |
8,000,000 |
Import of Capital Goods |
5 years 4 months |
| 27 |
ECB |
RSB Transmission (I) Ltd. |
11,500,000 |
Import of Capital Goods |
6 years 5 months |
| 28 |
ECB |
International Auto Ltd. |
9,500,000 |
Import of Capital Goods |
6 years 5 months |
| 29 |
ECB |
Suessen Asia Pvt. Ltd. |
7,522,771 |
Import of Capital Goods |
3 years 10 months |
| 30 |
ECB |
NTPC Ltd. |
101,134,075 |
Import of Capital Goods |
11 years 9 months |
| 31 |
ECB |
ISMT Ltd. |
15,000,000 |
Import of Capital Goods |
6 years 2 months |
| 32 |
ECB |
P.V.Techonologies India Ltd. |
10,000,000 |
Import of Capital Goods |
7 years 5 months |
| 33 |
FCCB |
Sintex Industries Ltd. |
300,000,000 |
Import of Capital Goods, Ovrseas Investment |
5 years |
| 34 |
ECB |
Grasim Industries Ltd |
20,000,000 |
Overseas Acquisition, Import of Capital Goods |
5 years |
| *: Based on Form 83 submitted for alottment of loan registration number. |
| #: Clarification sought from the company in regard to conformity to end-use requirement, eligibilty of borrower and other parameters of ECB. |
| II. Approval Route |
| Sr. No. |
ECB / FCCB |
Borrower |
Equivalent Amount in USD |
Purpose |
Maturity Period (Aprx) |
| 1 |
FCCB |
Gremach Infrastructure Equip & Proj Ltd. |
50,000,000 |
Overseas Acquisition |
5 years 6 months |
| 2 |
ECB |
Jain Irrigation Systems Ltd. |
30,500,000 |
Import of Capital Goods, Rupee Expenditure |
6 years 1 month |
| 3 |
ECB |
JSS Steelitalia Ltd. |
2,788,652 |
Financial Lease |
7 years |
| 4 |
FCCB |
Kinetic Engineering Ltd. |
18,000,000 |
Rupee Expenditure Loc.CG |
5 years |
|
