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Titan
Inds
Business
Standard December 27, 2005
Titan Industries
informed the Bombay Stock Exchange on Monday that the
company has finalised the price of the equity shares
comprised in the partly convertible debentures (PCD)
(forming Part A of the PCD) to be issued on allotment,
at Rs 350 per equity share of a face of Rs 10 per share.
The price of the non-convertible debenture (NCD) comprised
in Part B has been fixed at Rs 250 per NCD carrying
an annual interest of 6.75 per cent and redeemable at
par at the end of 5 years from the date of allotment.
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