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 June 2008.
I. Automatic Route* |
Sr.No. |
ECB / FCCB |
Borrower |
Equivalent Amount in USD |
Purpose |
Maturity Period (Aprx) |
1 |
FCCB |
Shree Ashtavinayak Cinevision Ltd# |
38,000,000 |
Overseas Acquisition |
5 years 7 months |
2 |
ECB |
Jhaveri Flexo India Limited |
1,700,866 |
Import of Capital Goods |
5 years 9 months |
3 |
ECB |
Brakes India Limited |
4,000,000 |
Import of Capital Goods |
6 years |
4 |
ECB |
PHA India (Pvt) Ltd. |
2,500,000 |
Import of Capital Goods |
5 years |
5 |
ECB |
Danish Steel Cluster Pvt. Ltd |
279,993 |
Import of Capital Goods |
5 years |
6 |
ECB |
TMI Rollon Engineering Pvt.Ltd. |
750,000 |
Import of Capital Goods |
3 years 1 month |
7 |
ECB |
TMI Rollon Engineering Pvt.Ltd. |
750,000 |
Import of Capital Goods |
3 years 1 month |
8 |
ECB |
Sumeet Industries Ltd. |
20,000,000 |
Import of Capital Goods |
7 years 6 months |
9 |
ECB |
J.K.Paper Ltd. |
1,160,883 |
Import of Capital Goods |
5 years 2 months |
10 |
ECB |
Orient Paper & Industries Ltd |
20,000,000 |
Import of Capital Goods |
4 years 2 months |
11 |
ECB |
Shaily Engineering Plastics Ltd. |
2,000,000 |
Import of Capital Goods |
5 years |
12 |
ECB |
CEAT Ltd. |
25,000,000 |
Import of Capital Goods |
8 years 3 months |
13 |
ECB |
J.Korin Spinning Pvt.Ltd. |
480,250 |
Import of Capital Goods |
8 years 10 months |
14 |
ECB |
United Seamless Tubular Private Ltd. |
48,000,000 |
Import of Capital Goods |
7 years 7 months |
15 |
ECB |
Oil Tools International Services Pvt.Ltd |
311,773 |
Refinancing of old loans |
4 years |
16 |
ECB |
Lohmann Adhesive Tapes India Pvt.Ltd. |
1,555,518 |
Import of Capital Goods |
10 years 7 months |
17 |
ECB |
Nirma Ltd. |
20,000,000 |
Overseas Acquisition |
6 years |
18 |
ECB |
Saertex (India) Pvt.Ltd. |
987,631 |
Import of Capital Goods |
7 years |
19 |
ECB |
The Great Eastern Shipping Co. Ltd. |
38,250,000 |
Import of Capital Goods |
8 years |
20 |
ECB |
Bilt Graphic Paper Products Ltd |
170,000,000 |
Import of Capital Goods |
7 years 1 month |
21 |
ECB |
Gateway Terminals India Pvt.Ltd. |
36,203,776 |
Import of Capital Goods |
10 years 2 months |
22 |
ECB |
Repro India Ltd. |
4,000,000 |
Import of Capital Goods |
5 years |
23 |
ECB |
Taj Air Ltd# |
22,500,000 |
Import of Capital Goods |
8 years 6 months |
24 |
ECB |
Garware Offshore Services Ltd. |
23,000,000 |
Import of Capital Goods |
10 years 1 month |
25 |
ECB |
B.Seenaiah & Company (Projects) Ltd. |
3,000,000 |
Import of Capital Goods |
5 years 7 months |
26 |
ECB |
Jindal Steel & Power Ltd |
41,958,470 |
Import of Capital Goods |
10 years 1 month |
27 |
ECB |
Acument Fastening Systems India Pvt.Ltd. |
1700000 |
Import of Capital Goods |
4 years 1 month |
28 |
ECB |
Vedanta Aluminium Ltd. |
100000000 |
Import of Capital Goods |
6 years 7 months |
29 |
ECB |
Gateway Terminals India Pvt.Ltd. |
124352332 |
Refinancing of old loans |
8 years |
* Based on Form 83 submitted for allotment of loan registration number |
#: Clarification sought from the company in regard to conformity to end-use requirement, eligibility of borrower and other parameters of ECB. |
Annex II |
II. Approval Route |
Sr. No. |
ECB / FCCB |
Borrower |
Equivalent Amount in USD |
Purpose |
Muturity Period (Aprx) |
1 |
ECB |
AIM Filtertech Pvt.Ltd. |
806,946 |
Import of Capital Goods |
5 years 7 months |
2 |
ECB |
Reliance Communications Ltd |
750,000,000 |
Import of Capital Goods |
10 years |
3 |
ECB |
Essar Shipping Limited |
110,000,000 |
Leasing & hire purchase |
6 years |
4 |
ECB |
Global Stamping & Welding Automotive P L |
2,000,000 |
Rupee Expenditure Loc.CG |
3 years |
|
