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Euro Ceramics approves up to Rs. 1.25 billion in convertible bonds
By Devika Patel
Knoxville, Tenn., Oct. 15 - Euro Ceramics Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to Rs. 1.25 billion in foreign currency convertible bonds at a board of directors meeting on Oct. 15.
The company also is considering Global Depositary Receipts and American Depositary Receipts.
Mumbai, India-based Euro Ceramics is a manufacturer of vitrified tiles.
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