Trent secures approval to issue convertibles or debt instruments

By Devika Patel

Knoxville, Tenn., Nov. 16 - Trent Ltd. informed the Bombay Stock Exchange that its members have approved an issue of convertible bonds or debentures via a postal ballot.

The company also is considering issuing equity shares, non-convertible debt instruments, warrants, cumulative convertible preference shares, other convertible securities and securities linked to equity shares or other convertible financial instruments.

The retailer is based in Mumbai, India.

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