A.K. Group (India)

A.K. Group (India) has made an estimated US$ 16 million available to the nuclear weapons companies listed in this report since January 2012.

A.K. Group (India) underwrote bond issuances for an estimated amount of US$ 16 million to the nuclear weapon companies since January 2012 (see table below).

Underwriting of bond issuances by A.K. Group

Company Total value
(US$ mln)
Est. participation of this bank
(US$ mln)
Issue date Maturity date
Larsen & Toubro 36 4.5 13-6-2014 13-5-2016
Larsen & Toubro 45 6.4 13-6-2014 13-6-2016
Larsen & Toubro 8 2.7 28-10-2014 27-10-2017
Larsen & Toubro 8 2.7 28-10-2014 28-9-2016

Source: Thomson ONE Banker, “Bond and share issue underwritings”, viewed in August 2015.