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Kaashyap Technologies hopes to issue $30 million in convertibles
By Devika Patel
Knoxville, Tenn., Nov. 14 - Kaashyap Technologies Ltd. informed the Bombay Stock Exchange that it will hold an extraordinary general meeting on Dec. 8 to consider issuing up to $30 million in foreign currency convertible bonds.
The company also is considering Global Depositary Receipts and American Depositary Receipts.
Kaashyap's board of directors approved the issue on Nov 13.
Based in Chennai, India, Kaashyap operates computer training institutes.
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