Kesoram may tap ECB route to repay high cost NCDs, OCDs
"The company board will meet shortly to enable workout for further fund raising plan after the rights issue of Rs 400 crore. There are options for ECBs and Rupee loans from banking channels to reduce the cost of debt. Fully, hedged ECBs will cost around 11 per cent far less than existing rates. However, it may be in combination of Rupee and foreign currency loan," sources aware of the development told PTI.