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Gabriel India approved in-principle fundraising of up to ₹1,000 crore through senior, unsecured, rated, listed, redeemable non-convertible debentures via private placement. The debentures will be listed on BSE; tenure, coupon, payment schedule and redemption terms remain unspecified. Context: introduces debt funding alongside the proposed acquisition financing.
Gabriel India Approves In-Principle ₹1,000 Crore Private Placement NCD Raise
Gabriel India To Buy 28.99% HL Mando Stake For ₹2,231 Crore
Gabriel India to Acquire 28.99% Stake in HL Mando for ₹2,231 Crore
Gabriel India Board Approves ₹2,231 Crore HL Mando Stake Purchase
Gabriel India Appoints Mahendra Goyal As Group CEO And Managing Director