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Euro Ceramics shareholders OK plan to issue $100 million in convertibles
By Devika Patel
Knoxville, Tenn., Dec. 31 - Euro Ceramics Ltd. informed the Bombay Stock Exchange it has obtained shareholder approval via a postal ballot for plans to issue up to $100 million in convertibles.
Other securities being considered include Global Depositary Receipts and American Depositary Receipts.
Mumbai, India-based Euro Ceramics is a manufacturer of vitrified tiles.
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