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Prospect News home > News index > List of issuers G > Headlines for Gujarat Foils Ltd. > News item
Published on 11/6/2009 in the Prospect News Convertibles Daily.

Gujarat Foils approves foreign currency convertible bonds proposal

By Devika Patel

Knoxville, Tenn., Nov. 6 - Gujarat Foils Ltd. informed the Bombay Stock Exchange that it approved plans to issue foreign currency convertible bonds at a board of directors meeting on Oct. 30.

The company also is considering Global Depositary Receipts and American Depositary Receipts.

The manufacturer of aluminum rolled products is based in Gujarat, India.


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