India's Tirupati board to discuss debentures, convertibles, preferreds

By Tali David

Minneapolis, Dec. 9 - Tirupati Industries India Ltd. informed the Bombay Stock Exchange that its board of directors will meet on Saturday to discuss the further issue of capital through equity shares, fully convertible debentures, partly convertible debentures, nonconvertible debentures and redeemable preference shares.

It will also meet to convene an extraordinary general meeting of the members of the company for an increase in authorized share capital and other related business.

Tirupati Industries manufactures and sells methyl esters, biodiesel, industrial oils, fatty acids, edible oils, soaps, chemicals and laboratory reagents in India. It is based in Mumbai.

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