Alok Industries Raises 2 Billion Rupees Selling 11.5% Bonds Maturing 2016

Alok Industries Ltd., India’s second-largest apparel and textile manufacturer by market value, sold 2 billion rupees ($43 million) of 11.5 percent, six-year bonds, according to data compiled by Bloomberg.

To contact the reporter on this story: Suprotip Ghosh in Mumbai sghosh47@bloomberg.net.

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