MUMBAI, April 24 (Reuters) - Dabur India Ltd plans to raise 2.50 billion rupees ($30.53 million) through sale of bonds maturing in three years and 11 months, three merchant bankers said on Monday. The company has invited bids from bankers and investors for the issue on Wednesday, they said. The notes are rated AAA by ICRA and the issue will be settled later this week. The issue will mature in December 2024 and this is the first issue by the company in 18 months. In October 2021, Dabur India had raised 2.50 billion rupees by selling bonds maturing three years at an annual coupon ofh.95%. ($1 = 81.8990 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Subhranshu Sahu) ((Dharamraj.dhutia@tr.com))
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