Everonn Systems India to consider convertibles

By Devika Patel

Knoxville, Tenn., Jan. 7 - Everonn Systems India Ltd. informed the Bombay Stock Exchange that it will consider issuing foreign currency convertible bonds at a board of directors meeting on Jan. 18.

The company also is considering an issue of Global Depositary Receipts and American Depositary Receipts.

Everonn Systems India is a Chennai, India-based company that sets up virtual and interactive learning classroom networks across India.

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