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Published on 9/25/2007 in the Prospect News Convertibles Daily.

GHCL sets reset price for convertibles

By Devika Patel

Knoxville, Tenn., Sept. 25 - GHCL Ltd. informed the Bombay Stock Exchange that the reset price of its 1% foreign-currency convertible bonds due 2011 is $3.4813 per share.

The price took effect on Friday.

Based in Noida, India, GHCL is a chemical and textile company.


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