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 May 2006. |
I. Automatic Route* |
Sr. No. |
ECB / FCCB |
Borrower |
Equivalent Amount in USD |
Purpose |
Maturity Period (Aprx) |
1 |
ECB |
Duckworth Flavours (I) Pvt.Ltd. |
327,708 |
Modernisation |
4 years |
2 |
ECB |
FCI Technology Services ltd |
1,200,000 |
Modernisation |
5 years |
3 |
ECB |
Bardanwala Plastics Pvt.Ltd. |
200,000 |
Modernisation |
3 years |
4 |
ECB |
Epsom Shipping India Pvt.Ltd. |
700,000 |
Import of Capital Goods |
5 years 9 months |
5 |
ECB |
Epsom Shipping India Pvt.Ltd. |
1,050,000 |
Import of Capital Goods |
5 years 9 months |
6 |
ECB |
ORG IMS Research Pvt Ltd |
360,000 |
Rupee Expenditure Loc.CG |
3 years |
7 |
ECB |
Gemini Communication Ltd |
692,585 |
Import of Capital Goods |
6 years 1 month |
8 |
ECB |
Floeter India Retort Pouches Pvt Ltd |
638,354 |
Project |
5 years 3 months |
9 |
FCCB |
McNally Bharat Engineering Co.Ltd. # |
7,000,000 |
Other |
4 years 11 months |
10 |
ECB |
Grasim Industries Ltd |
20,319,649 |
Modernisation, Rupee Expenditure Loc.CG |
5 years |
11 |
ECB |
Alpla India Pvt.Ltd. |
2,170,405 |
Project |
7 years |
12 |
ECB |
Autoform Engineering India Pvt.Ltd.# |
73,851 |
Project |
2 years 11 months |
13 |
ECB |
Heritage Resorts P.Ltd. # |
6,000,000 |
Project |
3 years 10 months |
14 |
ECB |
Hotel Scopevista Ltd. # |
20,000,000 |
Project |
7 years 1 months |
15 |
ECB |
Blue Dart Aviation Ltd |
11,151,782 |
Import of Capital Goods |
5 years |
16 |
ECB |
Oil Tools International Services Pvt.Ltd |
600,000 |
Rupee Expenditure Loc.CG, Import of Capital Goods |
5 years |
17 |
ECB |
Oil Tools International Services Pvt.Ltd |
600,000 |
Rupee Expenditure Loc.CG, Import of Capital Goods |
5 years |
18 |
ECB |
Oil Tools International Services Pvt.Ltd |
600,000 |
Rupee Expenditure Loc.CG, Import of Capital Goods |
5 years |
19 |
ECB |
Zahonero India Pvt.Ltd.# |
127,671 |
Modernisation |
2 years 10 months |
20 |
ECB |
ASB International Pvt. Ltd. |
1,500,000 |
Modernisation, Import of Capital Goods |
6 years 11 months |
21 |
FCCB |
Jindal Saw Ltd. |
101,684,175 |
Modernisation |
5 years 1 month |
22 |
ECB |
Mark exhaust Systems Ltd. |
3,000,000 |
Modernisation |
4 years 10 months |
23 |
ECB |
Halcrow Consulting India Ltd. |
264,275 |
Project |
3 years |
24 |
FCCB |
Aurobindo Pharma Ltd. |
50,000,000 |
Modernisation |
5 years |
25 |
FCCB |
Aurobindo Pharma Ltd. |
150,000,000 |
Modernisation |
5 years |
26 |
ECB |
India Gypsum Limited |
6,746,512 |
Project |
5 years 8 months |
27 |
ECB |
KGTESCO Engineering Services Pvt Ltd |
1,000,000 |
Modernisation |
5 years |
28 |
ECB |
Miju Components Pvt.Ltd. |
134,054 |
Rupee Expenditure Loc.CG |
4 years 11 months |
29 |
ECB |
Carborundum Universal Ltd. |
19,747,854 |
Modernisation, Project, Rupee Expenditure Loc.CG |
5 years |
30 |
ECB |
Bharti Tele-Ventures Ltd. |
102,006,414 |
Rupee Expenditure Loc.CG, Import of Capital Goods, Modernisation |
5 years 7 months |
31 |
FCCB |
Jubilant Organosys Ltd. |
200,000,000 |
Rupee Expenditure Loc.CG, Project, Modernisation,Overseas Acquisition |
5 years |
32 |
FCCB |
Karur K.C.P. Packkagings Ltd |
10,000,000 |
Modernisation |
5 years |
33 |
FCCB |
The India Cements Ltd |
75,000,000 |
Modernisation |
5 years |
34 |
ECB |
Essar Steel Ltd. |
120,000,000 |
Modernisation |
5 years |
35 |
ECB |
Grasim Industries Ltd |
19,658,917 |
Modernisation, Rupee Expenditure Loc.CG |
5 years |
36 |
ECB |
Spice Communications Pvt.Ltd. |
50,000,000 |
Project |
7 years |
37 |
ECB |
V. Arjoon Shipping Ltd. |
2,250,000 |
Import of Capital Goods |
5 years |
38 |
ECB |
Dyansys India Pvt.Ltd. |
200,000 |
Project |
3 years 2 months |
39 |
ECB |
Chambal Fertilizer & Chemical Ltd. |
59,000,000 |
Import of Capital Goods |
9 years 11 months |
40 |
ECB |
Kudos Chemie Ltd. |
2,468,482 |
Modernisation |
5 years |
41 |
FCCB |
Electrosteel Castings Ltd. |
75,000,000 |
Project |
5 years |
42 |
ECB |
Metro Cash & Carry India Pvt.Ltd. # |
15,958,860 |
Import of Capital Goods, Rupee Expenditure Loc.CG, Project |
5 years |
43 |
ECB |
Advanced Enzyme Technologies Ltd. |
2,150,000 |
Modernisation |
4 years 6 months |
44 |
ECB |
The Ugar Sugar Works Ltd. |
3,064,101 |
Import of Capital Goods |
7 years |
45 |
FCCB |
Reliance Natural Resources Ltd. |
250,000,000 |
Project, Import of Capital Goods, Rupee Expenditure Loc.CG |
5 years |
46 |
ECB |
Parker Engineering (I) Pvt.Ltd. |
1,074,129 |
Expansion of activity |
4 years 6 months |
47 |
ECB |
MSPL Limited |
21,000,000 |
Project |
8 years 5 months |
48 |
ECB |
Lambda Therapeutic Research Ltd |
6,039,288 |
Project |
5 years |
49 |
ECB |
CH2M Hill Construction (India) Pvt.Ltd. # |
1,000,000 |
Rupee Expenditure Loc.CG |
3 years 3 months |
50 |
ECB |
Cirteq Engineering Pvt. Ltd. |
710,092 |
Project |
5 years 5 months |
51 |
FCCB |
Kanoria Chemicals & Industries |
20,000,000 |
Modernisation |
5 years |
52 |
ECB |
Sanghvi Movers Ltd. |
3,064,101 |
Import of Capital Goods |
5 years |
53 |
FCCB |
Hindustan Construction Company Ltd. |
100,000,000 |
Rupee Expenditure Loc.CG, Overseas Acquisition |
5 years |
54 |
FCCB |
Ankur Drugs & Pharma Ltd. |
16,000,000 |
Modernisation |
5 years |
55 |
FCCB |
Sakthi Sugars Ltd. |
40,000,000 |
Project |
5 years |
56 |
FCCB |
Sakthi Sugars Ltd. |
20,000,000 |
Project |
3 years |
57 |
ECB |
CHT(India) Pvt Ltd |
529,834 |
Expansion of activity |
7 years 7 months |
58 |
ECB |
TKH Plastics Pvt.Ltd. |
1,000,000 |
Modernisation |
6 years 6 months |
59 |
ECB |
Ideal Fastener India Pvt. Ltd. |
275,000 |
Modernisation |
10 years 5 months |
60 |
ECB |
L.G. Balakrishnan & Bros Ltd. |
15,000,000 |
Modernisation |
9 years 4 months |
61 |
ECB |
Promed Export Pvt.Ltd. |
3,180,000 |
Project |
5 years |
62 |
ECB |
Sunchirin Autoparts India Pvt.Ltd. |
1,000,000 |
Rupee Expenditure Loc.CG, Import of Capital Goods |
5 years 6 months |
63 |
ECB |
Haldiram Snacks Pvt Ltd |
4,996,936 |
Modernisation |
5 years 6 months |
64 |
FCCB |
Sayaji Hotels Ltd. # |
7,500,000 |
Project |
5 years |
65 |
ECB |
Tractor Engineers Ltd. |
5,500,000 |
Modernisation, Project, Rupee ExpenditureLoc.CG & Others |
4 years 2 months |
66 |
ECB |
Walvoil Fluid Power (India) Pvt.Ltd. |
1,276,709 |
Rupee Expenditure Loc.CG |
5 years 9 months |
67 |
ECB |
I.I.Inspection & Export Private Ltd |
900,000 |
Modernisation |
7 years 4 months |
68 |
ECB |
Metro Cash & Carry India Pvt.Ltd. # |
38,301,264 |
Import of Capital Goods, Project, Rupee Expenditure Loc.CG |
5 years 8 months |
69 |
ECB |
AE & E Chennai Works Ltd. |
421,314 |
Import of Capital Goods |
3 years 6 months |
70 |
ECB |
Sky Mobilemedia (India) Pvt Ltd |
200,000 |
Modernisation |
3 years 9 months |
71 |
FCCB |
Sterling Holiday Resorts ( India) Ltd. # |
25,000,000 |
Modernisation |
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 |
ECB |
V.Ships India Pvt.Ltd. |
500,000 |
Rupee Expenditure Loc.CG |
7 years 8 months |
2 |
ECB |
Indian Farmers & Fertilisers Co-op.Ltd. |
246,154,473 |
Modernisation |
5 years 8 months |
3 |
ECB |
Ardee Business Services Pvt.Ltd. |
1,000,000 |
Overseas Acquisition |
9 years 6 months |
4 |
ECB |
Essar Shipping Limited |
76,720,740 |
Import of Capital Goods |
10 years 9 months |
|