India's Shree Renuka Sugars seeks approval for bonds, debentures

By Devika Patel

Knoxville, Tenn., Feb. 6 - Shree Renuka Sugars Ltd. informed the Bombay Stock Exchange that it will seek shareholder approval for plans to issue foreign currency bonds or debentures via a postal ballot.

The company also is considering issuing term loans.

Shree Renuka Sugars is a Mumbai, India-based sugar wholesale trader.

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