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Published on 1/24/2008 in the Prospect News Convertibles Daily.

Khoday India may issue up to Rs. 620 million in convertible bonds

By Devika Patel

Knoxville, Tenn., Jan. 24 - Khoday India Ltd. informed the Bombay Stock Exchange that it has approved plans to issue up to Rs. 620 million in convertible instruments at an annual general meeting on Dec. 17.

The company also is considering issuing Global Depositary Receipts, American Depositary Receipts, preference shares and equity shares.

Khoday India is a diversified company based in Bangalore, India.


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