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Kalindee Rail may issue convertibles
By Devika Patel
Knoxville, Tenn., Feb. 3 - Kalindee Rail Nirman Engineers Ltd. informed the Bombay Stock Exchange that it will consider a proposal at a board of directors meeting on Feb. 10 to raise capital through an issue of foreign currency convertible bonds.
The company also is considering Global Depositary Receipts.
New Delhi-based Kalindee Rail is a railroad track manufacturer.
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