Evinix Accessories to finalize plan to issue Rs. 1.5 billion in convertibles

By Devika Patel

Knoxville, Tenn., Nov. 19 - Evinix Accessories Ltd. informed the Bombay Stock Exchange that it will hold a board of directors meeting on Nov. 26 to finalize plans to issue convertibles.

The company said it had authorized issuing up to Rs. 1.5 billion in convertible bonds at an annual general meeting on Sept. 27.

Securities may include Global Depositary Receipts, American Depositary Receipts or convertibles.

Based in Haryana, India, Evinix Accessories designs and manufactures fashion accessories and garments.

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