Bajaj Hindusthan hopes to issue convertibles

By Devika Patel

Knoxville, Tenn., Feb. 26 - Bajaj Hindusthan Ltd. informed the Bombay Stock Exchange that it approved plans to issue foreign currency convertible bonds at an extraordinary general meeting on Feb. 26.

Other securities being considered include Global Depositary Receipts, American Depositary Receipts or any other securities convertible into equity shares.

Bajaj Hindusthan is a Mumbai, India, sugar company.

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