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Aksh Optifibre redeems FCCBs aggregating to $3.50 million

19 Jun 2013 Evaluate

Aksh Optifibre has redeemed FCCBs aggregating to $3.50 million. The company had issued FCCBs aggregating to $20.00 million on January 08, 2008 for a term of 5 years 1 day, due to mature on January 08, 2013, against which FCCBs aggregating $13.00 million remained outstanding on the date of maturity.

Aksh Optifibre is engaged in the production of a variety of cables such as - SingleMode & MultiMode Cables, Duct Cables, Armoured & Aerial Cables, Indoor Outdoor Cables. The company has also the facilities of producing ribbon Fibre Optic.

Peers
Company Name CMP
Polycab India 8196.10
KEI Industries 4519.00
RR Kabel Ltd. 2457.50
Finolex Cables 1404.00
Precision Wire India 480.25
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