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Apollo Hospitals plans to raise around Rs1bn to fund operations: reports

India Infoline News Service / 09:49 , Feb 09, 2012

Apollo had raised around Rs 3300mn by way of qualified institutional placements in July-August 2011.

Apollo Hospitals Enterprise Limited is reportedly planning to raise around Rs 1bn to fund its operations, through bonds with a call option at the end of the third year.

According to reports, the company had raised around Rs 3300mn by way of qualified institutional placements in July-August 2011 and its plans are in the preliminary stage and nothing has been finalised yet.

 



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