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Amtek India board of directors to consider issuing convertible bonds
By Ashley Montgomery
Kansas City, Kan., Dec. 5 - Amtek India Ltd. informed the Bombay Stock Exchange that a board of directors meeting will be held on Dec. 9 to consider issuing convertibles as a means of raising funds.
The company said it will also consider issuing non-convertible debentures and entering into loans or external commercial borrowings.
New Delhi-based Amtek India manufactures automotive components.
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