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India’s Sadbhav plans Rs. 1.9 billion redeemable debentures
By Sarah Lizee
Olympia, Wash., Sept. 11 – Sadbhav Engineering Ltd. informed the Bombay Stock Exchange that it plans to allot Rs. 1.9 billion of unsecured redeemable nonconvertible debentures on Sept. 14.
The 1,900 debentures, with a face value of Rs. 1 million each, will be issued on a private placement basis.
The issue will open and close on Wednesday, according to the notice.
Sadbhav is a civil engineering company based in Ahmedabad, India.
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