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Wellworth Overseas approves up to Rs. 250 million in convertible bonds
By Devika Patel
Knoxville, Tenn., June 2 - Wellworth Overseas Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to Rs. 250 million in foreign currency convertible bonds at an extraordinary general meeting on June 2.
The company also may issue Global Depositary Receipts or American Depositary Receipts.
Wellworth Overseas is a banking company based in Ahmedabad, India.
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