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KS Oils intends to issue up to $15 million in convertible securities
By Devika Patel
Knoxville, Tenn., May 19 - KS Oils Ltd. informed the Bombay Stock Exchange that it approved plans at a board of directors meeting on May 18 to issue up to $15 million in convertible securities.
Other securities being considered include Global Depositary Receipts and American Depositary Receipts.
The Morena, India-based company is a manufacturer, supplier and exporter of mustard and rapeseed oil.
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