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India’s Ruby Mills board to consider convertible, non-convertible debt
By Sarah Lizee
Olympia, Wash., Aug. 9 – Ruby Mills Ltd. informed the Bombay Stock Exchange that its board will meet on Tuesday to consider a proposal to raise funds.
The board will consider an issuance of convertible or non-convertible debentures, convertible or non-convertible preference shares or secured loans, according to the notice.
Mumbai-based Ruby Mills engages in textile manufacturing and real estate development.
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