Shetron to consider issuing up to $25 million of convertibles

By Devika Patel

Knoxville, Tenn., Nov. 8 - Shetron Ltd. informed the Bombay Stock Exchange that it plans an extra ordinary meeting on Nov. 26 to discuss issuing up to $25 million of convertibles.

Other securities being considered are American Depositary Receipts, Global Depositary Receipts and convertible warrants.

Shetron is a Mumbai, India-based manufacturer of metal cans for food and dry cell battery jackets and components.

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