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

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Data on ECB/FCCB for the month of June - 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 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