Sanwaria Agro Oils may issue Rs. 750 million in convertibles

By Devika Patel

Knoxville, Tenn., Sept. 13 - Sanwaria Agro Oils Ltd. informed the Bombay Stock Exchange that it could raise up to Rs. 750 million in convertibles.

The company will hold an annual general meeting on Sept. 29 to discuss the proposal.

Securities may include American Depositary Receipts, Global Depositary Receipts, American Depository Shares and convertible bonds, warrants and debentures.

Sanwaria Agro Oils is an Itarsi, India-based company that extracts soy beans and other minor oil seeds.

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