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Prospect News home > News index > List of issuers S > Headlines for Simbhaoli Sugar Mills Ltd. > News item
Published on 2/21/2006 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

India's Simbhaoli Sugar to offer up to Rs. 1.5 billion convertibles or stock

New York, Feb. 21 - Simbhaoli Sugar Mills Ltd. said its shareholders have approved the issuance of up to Rs. 1.5 billion of foreign currency convertible bonds, shares or Global Depositary Receipts.

The approval was given at an extraordinary general meeting on Feb. 17.

Simbhaoli Sugar is a Simbhaoli, Uttar Pradesh, India-based sugar refiner.


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