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Sunday, Mar 13, 2005

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TCI NCDs get `CARE AA-'

Our Bureau

HYDERABAD: Transport Corporation of India Ltd (TCI) has informed the stock exchanges that CARE Ltd has assigned a `CARE AA-' to its proposed non-convertible debenture (NCDs) issue of Rs 10 crore. According to the company, the NCDs would be redeemed in six equal annual instalments beginning from the end of one year from the date of allotment.

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