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EIH Associated Hotels to issue up to Rs. 1.5 billion in convertibles
By Devika Patel
Knoxville, Tenn., Nov. 5 - EIH Associated Hotels Ltd. informed the Bombay Stock Exchange that it will consider plans to issue up to Rs. 1.5 billion in convertibles at an annual general meeting on Aug. 30.
Securities may include American Depositary Receipts, Global Depositary Receipts and convertible bonds.
Based in Chennai, India, EIH Associated Hotels owns seven hotels.
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