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Buyback / Prepayment of Foreign Currency Convertible Bonds (FCCBs)

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Full Text of the Document

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....orised Dealer Category - I (AD Category - I) banks is invited to the A.P. (DIR Series) Circular No. 44 dated March 29, 2010 in terms of which Indian companies were allowed to buyback their Foreign Currency Convertible Bonds (FCCBs) under the approval route, up to June 30, 2010, subject to the issuers complying with all the terms and conditions of buyback/ prepayment of FCCBs. 2. On a review of ....

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