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Nitin Fire Protection board to discuss to issuing convertible bonds
By Tali Rackner
Minneapolis, Oct. 27 – Nitin Fire Protection Industries Ltd. informed the Bombay Stock Exchange that it will weigh plans to issue convertible bonds at a board of directors meeting on Nov. 3.
The company also is considering warrants and Global Depositary Receipts, American Depositary Receipts, foreign-currency convertible debentures and/or QIP.
Nitin Fire Protection Industries is based in Mumbai, India, and makes fire-fighting equipment.
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