Silverline Technologies may sell up to $30 million of convertibles

By Susanna Moon

Chicago, Aug. 6 - Silverline Technologies Ltd. notified the Bombay Stock Exchange that it could issue up to $30 million of convertibles.

The company will hold a shareholders meeting on Saturday to discuss issuing securities.

Securities proposed include convertible bonds, Global Depositary Receipts and American Depositary Receipts.

Silverline is a consulting and information technology services company based in Mumbai, India.

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