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MTNL's board approves plan for raising Rs 3k cr through bonds

Last Updated: Monday, March 25, 2013, 20:11

Shares of the company closed at Rs 18 apiece, down 0.28 percent from their previous close on the BSE.

MTNL to raise Rs 3,000 cr through bonds; board meet on Mar 25

Last Updated: Wednesday, March 20, 2013, 20:33

It is proposed that the company will raise bonds for 10 years covered by sovereign guarantee through private placement.