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ABB India to raise Rs 600 crore through NCDs

03 Jul 2015 Evaluate

ABB India has received its board's approval to raise Rs 600 crore through non-convertible debentures (NCDs) on private placement basis. The issuance would be subject to the approval of the shareholders by way of a special resolution through postal ballot.

ABB India is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact.

Peers
Company Name CMP
Waaree Energies 2503.95
Apar Industries 17070.25
Havells India 1091.95
Suzlon Energy 42.13
Siemens 3748.10
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