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Back Data on ECB/FCCB for the month of February - 2008

75954046

Data on ECB/FCCB for the month of February - 2008

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

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