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Geodesic Information Systems could issue up to $150 million in convertibles
By Devika Patel
Knoxville, Tenn., July 23 - Geodesic Information Systems Ltd. informed the Bombay Stock Exchange that it may issue up to $150 million in convertible bonds.
The company held a board meeting Monday to approve the proposal.
Securities may include convertible bonds, global depository receipts and American depository receipts.
Geodesic Information Systems is a Mumbai-India-based software solutions company.
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