The prepaid loans include a margin-linked share-backed financing of $2.15 billion, which the company had paid off by March 12 before its March 31 deadline. The group had also prepaid $500 million of debt taken for the acquisition of Ambuja Cement along with $203 million interest in March.
Sebi proposes exemption for small-value debt issuance, potentially lowering costs for listed issuers
Sebi has put forward a proposal to exempt certain listed companies from the requirement to appoint merchant bankers. This initiative is designed to lower the