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India's Emporis Projects approves up to $50 million of convertibles
By Devika Patel
Knoxville, Tenn., May 24 - Emporis Projects Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to $50 million of foreign currency convertible bonds at a board of directors meeting on May 19.
The company also is considering issuing Global Depositary Receipts.
Ahmedabad, India-based Emporis Projects is an investment company.
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