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Karuturi Networks to issue up to $100 million in convertibles
By Devika Patel
Knoxville, Tenn., July 30 - Karuturi Networks Ltd. notified the Bombay Stock Exchange that it plans to raise up to $100 million in convertibles.
The company held a board meeting on Monday to approve the proposal.
Karuturi Networks is a Bangalore, India-based business Internet infrastructure company.
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