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Back Data on ECB/FCCB for the month of March 2006

75956021

Data on ECB/FCCB for the month of March 2006

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 March 2006.

I. Automatic Route*

Sr. No.

ECB / FCCB

Borrower

Equivalent Amount in USD

Purpose

Maturity Period (Aprx)

1

ECB

Kachchh Steels Pvt Ltd #

2,000,000

Other

5 years

2

FCCB

Sun Pharmaceutical Industries Ltd.#

350,000,000

Other

5 years

3

FCCB

Bilcare Limited

50,000,000

Modernisation

5 years

4

ECB

Jet Airways (I) Ltd

443,450,000

Import of Capital Goods

12 years 2 months

5

ECB

Oberthur Card Systems Pvt.Ltd.

517,075

Rupee Expenditure Loc.CG

3 years

6

ECB

India Gypsum Limited

6,750,000

Project

5 years 11 months

7

FCCB

Jaiprakash Associates Ltd.

198,324,206

Project

7 years

8

ECB

Regency International Clothing Pvt Ltd

2,500,000

Project

4 years 11 months

9

FCCB

Monnet Ispat Ltd.#

60,000,000

Other

5 years

10

ECB

Bajajsons Limited #

1,500,000

Modernisation, Other

6 yrs 11 months

11

FCCB

Aban Loyd Chiles Offshore Ltd.

98,994,167

Import of Capital Goods, Refinancing of old loans

5 years

12

ECB

Visual Web Solutions Pvt Ltd

1,000,000

Modernisation

9 years 6 monhts

13

ECB

Bhartia Industries Ltd

1,200,000

Modernisation

3 years 11 months

14

ECB

The Indian Hotels Company Limited

12,000,000

Refinancing of old loans

2 years 10 months

15

FCCB

Cranes Software International Ltd #

50,482,525

Project, Import of Capital Goods, Modernisation, Other

5 years

16

ECB

Century Textiles & Industries Ltd.

30,049,122

Import of Capital Goods

3 years 2 months

17

ECB

Regent Drugs Ltd.

6,000,000

Project, Modernisation

8 years

18

ECB

Tox Pressotechnik (India) Pvt.Ltd.

600,000

Rupee Expenditure Loc.CG

4 years

19

ECB

Today's Writing Products Ltd.

3,000,000

Modernisation

5 years

20

ECB

Anglo Eastern Maritime training centre

150,000

Modernisation

5 years

21

ECB

Pliva Research (I) Pvt.Ltd.

1,529,072

Project

3 years

22

FCCB

The Simbhaoli Sugar Mills Ltd.

33,000,000

Project

5 years

23

ECB

Endurance System (I) Pvt.Ltd.

2,106,077

Project

4 years 11 months

24

ECB

RA Chempharma Ltd.

615,000

Modernisation

3 years 9 months

25

ECB

Verisign Services India Private Ltd

5,000,000

Modernisation

7 years

26

ECB

Transworks Information Services Ltd.

6,000,000

Project, Refinancing of old loans, Modernisation

5 years 3 months

27

ECB

The Great Eastern Shipping Co. Ltd.

50,440,760

Import of Capital Goods

8 years

28

ECB

Mineral Enterprises Ltd.

6,700,000

Project

3 years

29

ECB

Ind-Swift Laboratories Ltd

4,000,000

Rupee Expenditure Loc.CG

5 years

30

ECB

Fischer Measurment Technologies (I) Pvt.

150,000

Project

3 years

31

ECB

Danish Steel Cluster Pvt. Ltd

96,758

Project

5 years 2 months

32

ECB

Hawe Hydraulics Pvt.Ltd.

252,413

Rupee Expenditure Loc.CG

6 years

33

ECB

Kryolan Cosmatics (India) Pvt.Ltd.

120,196

Project

4 years 2 months

34

ECB

Microsoft Research lab India Pvt.Ltd.

2,000,000

Rupee Expenditure Loc.CG

4 years 2 months

35

ECB

Ocmi Glass Machinery Mfg India Pvt.Ltd.

600,982

Project

10 years 1 month

36

ECB

Peremex Computer Systems pvt.Ltd.

61,677

Rupee Expenditure Loc.CG

3 years 2 months

37

ECB

Haldia Petrochemicals Ltd

44,581,718

Refinancing of old loans

3 years 11 months

38

ECB

DCM Sriram Consolidated Ltd.

6,623,273

Refinancing of old loans

7 years

39

FCCB

Punj Lloyd Ltd.

125,000,000

Project

5 years

40

ECB

Tata Steel Ltd.

60,009,197

Modernisation

12 years 8 months

41

ECB

Tata Steel Ltd.

13,815,995

Modernisation

11 years 6 months

42

ECB

Kamla landmark Infrastructure Pvt.Ltd.

2,000,000

Project

3 years

43

ECB

Reliance Industries Ltd.

151,522,467

Modernisation, Import of Capital Goods

10 years

44

ECB

Sterlite Industries (I) Ltd.

93,539,870

Refinancing of old loans

2 years 6 months

45

ECB

Raymond Ltd. #

10,101,498

Rupee Expenditure Loc.CG, Other

3 years

46

ECB

DCM Sriram Consolidated Ltd.

31,548,529

Rupee Expenditure Loc.CG

7 years

47

FCCB

Reliance Communication Ventures Ltd

500,000,000

Import of Capital Goods, Rupee Expenditure Loc.CG, Telecommunication

5 years

48

FCCB

McDowell & Company Ltd. #

100,000,000

Refinancing of old loans, Modernisation, Others

5 years

49

FCCB

J.K.Paper Ltd.

5,000,000

Modernisation

5 years

50

ECB

J.K.Paper Ltd.

10,000,000

Modernisation

10 years

51

ECB

DIVI'S Laboratories Ltd.

11,000,000

Modernisation

5 years

52

ECB

South Asian Petrochem Ltd.

4,600,000

Modernisation

6 years

53

ECB

Dyansys India Pvt.Ltd.

117,168

Project

3 years 1 month

54

FCCB

Pilgrim Press Pvt Ltd

500,000

Modernisation

10 years

55

ECB

Asahi India Glass Ltd.

25,000,000

Project

5 years 6 months

56

ECB

Asahi India Glass Ltd.

25,000,000

Project

5 years 6 months

57

ECB

Kirby Birby Building Systems India Pvt.L

894,000

Project

5 years 5 months

58

ECB

Roulunds Braking (India) Pvt. Ltd.

700,000

Modernisation

4 years

59

ECB

Indena India Pvt .Ltd.

1,201,965

Modernisation

5 years

60

ECB

Plastic Export Zundert (India) Ltd.

240,393

Rupee Expenditure Loc.CG

4 years 11 months

61

ECB

Medley Pharmaceuticals Ltd.

1,450,000

Modernisation

5 years

62

ECB

Shree Cement Ltd.

18,000,000

Project

5 years

63

ECB

Shipping Corporation Of India Ltd.

103,280,000

Import of Capital Goods

12 years 6 months

64

ECB

Raymond Ltd. #

10,116,846

Rupee Expenditure Loc.CG, Other

4 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

Muturity Period (Aprx)

1

ECB

MOL Information Proc Serv. India P Ltd

700,000

Modernisation

4 years 1 months

2

ECB

Export-Import Bank of India

56,635,236

Onward/Sub-lending.

5 years

3

ECB

Tata Steel Ltd.

500,000,000

Modernisation

9 years 6 months

4

ECB

Srei Infrastructure Finance Ltd.

50,000,000

Import of Capital Goods

5 years 1 month

5

ECB

Indian Railway Finance Corporation Ltd.

126,460,572

Rupee Expenditure Loc.CG

5 years


P.V.Sadanandan

Manager

PRESS RELEASE : 2005-2006/1596

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