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GTL Infrastructure OKs sale of up to Rs. 20 billion in convertibles
By Devika Patel
Knoxville, Tenn., Oct. 23 - GTL Infrastructure Ltd. informed the Bombay Stock Exchange it plans an extra ordinary general meeting on Nov. 16 to discuss issuing up to Rs. 20 billion in convertibles.
The securities may include equity shares, Global Depositary Receipts, American Depositary Receipts or any other convertible instrument, such as bonds, debentures or warrants. The securities will have a Rs. 10 face value.
Mumbai, India-based GTL Infrastructure is a shared user infrastructure company that provides telecom infrastructure to multiple service providers.
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