Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers I > Headlines for Indo Rama Synthetics (India) Ltd. > News item |
Indo Rama considers issuing up to Rs. 2 billion of convertible bonds
By Devika Patel
Knoxville, Tenn., June 23 - Indo Rama Synthetics (India) Ltd. informed the Bombay Stock Exchange that it will consider a proposal to issue up to Rs. 2 billion of foreign currency convertible bonds at an annual general meeting on July 14.
The company also may issue equity shares and other convertible instruments or securities, such as Global Depositary Receipts, American Depositary Receipts, convertible preference shares, convertible debentures or bonds and non-convertible debentures, with or without warrants.
Indo Rama, based in Nagpur, India, is a polyester maker.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.