Mastek may raise up to Rs. 1.5 billion of convertibles

By Devika Patel

Knoxville, Tenn., Sept. 6 - Mastek Ltd. notified the Bombay Stock Exchange that it plans to issue Rs. 1.5 billion of convertible bonds or Euro convertible bonds.

The company's shareholders will vote on the proposal at the next annual general meeting.

Mastek, based in Mumbai, India, designs, develops, integrates and maintains business applications.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.