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Deutsche Bank Appointed As the Depository Bank for GDR of IIPL

Deutsche Bank was appointed as the depository bank for Global Depository Receipt (GDR) of Indiabulls Infrastructure and Power Limited (IIPL).

Jan 29, 2013 15:53 IST
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Deutsche Bank was appointed as the depository bank for Global Depository Receipt (GDR) of Indiabulls Infrastructure and Power Limited (IIPL). Global Depository Receipt (GDR) of Indiabulls Infrastructure and Power Limited (IIPL) is listed in the Luxemborg Stock Exchange.

Indiabulls Infrastructure and Power Limited is the part of Indiabulls Group. It facilitates various companies that venture in power generation, distribution and transmission, with the consultancy services.

Indiabulls Infrastructure and Power Limited was also involved in the power generation, distribution and transmission business through its partner Indiabulls Power Limited. IIPL holds 44.48 percent interest in the Indiabulls Power Limited.

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