Amar Remedies secures approval to issue foreign currency convertibles

By Devika Patel

Knoxville, Tenn., June 15 - Amar Remedies Ltd. informed the Bombay Stock Exchange that it obtained shareholder approval to issue foreign currency convertible bonds through a postal ballot.

The company also is considering Global Depositary Receipts, compulsory convertible debentures, non-convertible debentures, shares, debentures and warrants.

Based in Mumbai, India, Amar manufactures toothpaste.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.