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 | |