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India’s Nitin Fire Protection to mull debentures, convertible bonds
By Wendy Van Sickle
Columbus, Ohio, May 11 – Nitin Fire Protection Industries Ltd.’s board of directors will consider on May 30 the issuance of up to Rs. 5 billion of securities, which may include debentures and/or convertible bonds, according to a Bombay Stock Exchange notice.
The securities would be issued on a private placement basis.
Nitin Fire Protection Industries is based in Mumbai, India, and makes fire-fighting equipment.
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