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Lok Housing may issue up to $200 million in convertibles
By Devika Patel
Knoxville, Tenn., June 13 - Lok Housing Ltd. notified the Bombay Stock Exchange that it could raise up to $200 million in convertibles.
The company approved the plans at a board of directors meeting on June 13.
Securities may include American Depositary Receipts and Global Depositary Receipts.
Lok is a homebuilder based in Mumbai, India.
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