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SAIL8217;s Rs 500cr issue date

The Rs 500 crore issue of Steel Authority of India is likely to be extended, brokers said. The issue was slated to close on Monday. The co...

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The Rs 500 crore issue of Steel Authority of India is likely to be extended, brokers said. The issue was slated to close on Monday. The company is raising the money through the book-building route at a coupon between 11.85 per cent 8211; 12 per cent for seven-year with a put and call option after five years.

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