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Published on 10/27/2017 in the Prospect News Convertibles Daily.

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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