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GMR Infrastructure plans to issue up to Rs. 50 billion in convertibles
By Devika Patel
Knoxville, Tenn., Oct. 18 - GMR Infrastructure Ltd. said its board members approved plans to issue up to Rs. 50 billion in convertibles at a board meeting on Oct. 18.
The securities may be Global Depositary Receipts, American Depositary Receipts or convertibles.
Bangalore, India-based GMR Infrastructure is a holding company.
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