Cholamandalam DBS Finance to raise Rs 2,000 Cr via NCD private placement

2010 March 31

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Cholamandalam DBS Finance has informed that the Board of Directors of the company at its meeting held on March 25, 2010 has approved an issue of 2000 unsecured non-convertible debentures of Rs 10 lacs each in the nature of subordinated debt up to an amount of Rs 200 crore on private placement basis in one or more tranches to one or more investors.

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