| 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 August 2007. |
| Data on External Commercial Borrowings / FCCB - August 2007 |
| I. Automatic Route* |
| Sr. No. |
ECB / FCCB |
Borrower |
Equivalent Amount in USD |
Purpose |
Maturity
Period
(Aprx) |
| 1 |
ECB |
Mithros Chemicals Pvt.Ltd. |
40,000 |
Project |
9 years 1 month |
| 2 |
ECB |
Jones & Noolkarar Txttiles Pvt.Ltd. |
190,000 |
Import of Capital Goods |
6 years 8 months |
| 3 |
ECB |
ISMT Ltd. |
21,906,314 |
Import of Capital Goods |
11 years 9 months |
| 4 |
ECB |
J.B.Chemicals And Pharmaceuticals Ltd. |
10,000,000 |
Project, Overseas Investment |
4 years 4 months |
| 5 |
ECB |
APPL Industries Limited |
5,000,000 |
Modernisation |
6 years 6 months |
| 6 |
ECB |
Mantena Laboratories Limited |
1,550,000 |
Modernisation |
5 years 1 month |
| 7 |
FCCB |
Gayatri Projects Ltd. |
26,382,118 |
Infrastructure Devpt., Rupee Exp., Power |
5 years |
| 8 |
ECB |
Larsen & Toubro Limited |
150,000,000 |
Overseas Acquisition, Rupee Expenditure, Modernisation, Import of Capital Goods |
5 years 5 months |
| 9 |
ECB |
Mahindra & Mahindra Ltd. |
50,000,000 |
Modernisation |
6 years 11 months |
| 10 |
FCCB |
Pyramid Saimira Theatre Ltd. |
90,000,000 |
Overseas Acquisition |
5 years 6 months |
| 11 |
ECB |
QH Talbros Ltd. |
3,820,000 |
Modernisation |
5 years 6 months |
| 12 |
ECB |
Elder Pharmaceuticals Ltd. |
15,000,000 |
Overseas Acquisition |
5 years |
| 13 |
ECB |
Roechling Engineering Plastics (I) Pvt L |
61,348 |
Project |
5 years 8 months |
| 14 |
ECB |
Dystar India Pvt.Ltd |
3,680,887 |
Project |
3 years 6 months |
| 15 |
ECB |
Kern-Liebers(India) Pvt.Ltd |
749,810 |
Overseas Acquisition |
4 years 9 months |
| 16 |
ECB |
Rane Engine Valves Ltd. |
5,975,000 |
Project, Modernisation |
5 years |
| 17 |
ECB |
Balrampur Chini Mills Ltd. |
35,000,000 |
Rupee Expenditure Loc.CG |
6 years 5 months |
| 18 |
ECB |
Dewanchand Ramasarn Inds.Pvt. Ltd. |
33,000,000 |
Import of Capital Goods |
8 years |
| 19 |
ECB |
Kob Medical Textiles Pvt.Ltd. |
354,456 |
Import of Capital Goods, Rupee Expenditure LoC CG |
5 years 2 months |
| 20 |
ECB |
Schuf Speciality Valves India Pvt.Ltd. |
599,848 |
Project |
24 years 5 months |
| 21 |
ECB |
Omega Products Pvt.Ltd |
200,000 |
Import of Capital Goods, Rupee Exp. |
6 years 2 months |
| 22 |
ECB |
Bharti Airtel Limited |
104,920,313 |
Import of Capital Goods, Overseas Investment |
5 years 6 months |
| 23 |
FCCB |
Shri Lakshmi Cotsyn Ltd. |
15,000,000 |
Project |
5 years |
| 24 |
ECB |
VAE VKN Industries Pvt. Ltd. |
1,363,292 |
Modernisation |
5 years 1 month |
| 25 |
ECB |
Aravali Infrapower Ltd. |
8,400,000 |
Modernisation |
6 yerars 5 months |
| 26 |
ECB |
Indo Autotech Ltd. |
2,249,431 |
Modernisation |
6 years 5 months |
| 27 |
ECB |
Nicholas Piramal India Limited |
20,000,000 |
Rupee Expenditure Loc.CG,Modernisation |
8 years 10 months |
| 28 |
ECB |
Kesoram Industries Ltd. |
70,000,000 |
Modernisation |
7 years 5 months |
| 29 |
FCCB |
Jaiprakash Associates Ltd. |
400,000,000 |
Project, Power |
5 years |
| 30 |
ECB |
The Great Eastern Shipping Co. Ltd. |
60,000,000 |
Import of Capital Goods |
9 years 11 months |
| 31 |
ECB |
Polypeptide Laboratories Pvt. Ltd. |
13,632,916 |
Project |
7 years 11 months |
| 32 |
ECB |
Omya India Pvt. Ltd. |
1,000,000 |
Rupee Expenditure Loc.CG,
Import of Capital Goods |
3 years 2 months |
| 33 |
ECB |
Gracure Pharmaceuticals Ltd. |
1,900,000 |
Modernisation |
5 years 2 months |
| 34 |
ECB |
Omni Agate Systems Pvt. Ltd. |
4,000,000 |
Modernisation, Import of Capital Goods |
5 years |
| 35 |
ECB |
Firestone International Pvt. Ltd. |
7,000,000 |
Import of Capital Goods |
3 years 1 month |
| 36 |
ECB |
Star Boxes India Pvt. Ltd. |
900,000 |
Project |
3 years 9 months |
| 37 |
ECB |
CASHPOR Micro Credit |
681,646 |
Micro Finance- Others |
8 years 4 months |
| 38 |
ECB |
Bhushan Steel & Strips Ltd. |
150,000,000 |
Project |
6 years 4 months |
| 39 |
ECB |
Carborundum Universal Ltd. |
10,000,000 |
Overseas Acquisition |
6 years 5 months |
| 40 |
ECB |
Gopsons Papers Ltd. |
900,965 |
Import of Capital Goods |
5 years 3 months |
| 41 |
ECB |
Gopsons Papers Ltd. |
768,862 |
Import of Capital Goods |
5 years 3 months |
| *: 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 |
ECB |
Ran Air Services Ltd. |
17,720,000 |
Import of Capital Goods |
6 years 11 months |
| 2 |
ECB |
Power Finance Corporation Ltd. |
180,000,000 |
Onward/Sub-lending. |
9 years 11 months |
|
