India’s Kwality approves Rs. 1 billion notes, Rs. 2 billion term loans

By Wendy Van Sickle

Columbus, Ohio, June 24 – Kwality Ltd.’s board of directors approved an issuance of Rs. 1 billion nonconvertible debentures during a Friday meeting, according to a Bombay Stock Exchange notice.

The board also approved term loans up to Rs. 2 billion.

Kwality is a New Delhi-based dairy manufacturer.

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