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India’s Sumeet Industries board to consider nonconvertible debt issue
By Tali Rackner
Norfolk, Va., March 27 – Sumeet Industries Ltd. informed the Bombay Stock Exchange that its board of directors will meet on Friday to consider an issue of nonconvertible debentures.
The board will also discuss an increase in the company’s borrowing limits, among other issues.
Surat, India's Sumeet makes polyester chips, polyester filament yarn, polyester pre-oriented yarn, fully drawn yarn, polypropylene yarn and menthol products.
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