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Published on 8/22/2017 in the Prospect News Emerging Markets Daily.

New Issue: India’s Subros allots Rs. 500 million of secured redeemable debentures

By Tali Rackner

Minneapolis, Aug. 22 – Subros Ltd. informed the Bombay Stock Exchange that it raised Rs. 500 million of secured redeemable nonconvertible debentures.

The 500 rated and listed debentures, with a face value of Rs. 1 million each, will be listed on the wholesale debt market segment of the BSE Ltd.

Subros is a New Delhi-based automotive air conditioning company.

Issuer:Subros Ltd.
Issue:Secured redeemable nonconvertible debentures
Amount:Rs. 500 million
Allotment date:Aug. 22

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