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BF approves Rs. 15 billion in equity-linked securities, convertibles
By Devika Patel
Knoxville, Tenn., Jan. 28 - BF Utilities Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to Rs. 15 billion in equity-linked securities and foreign-currency convertible bonds at a board of directors meeting on Jan. 28.
The company also may issue American Depositary Receipts, Global Depositary Receipts and warrants.
Pune, India-based BF was set up to satiate the power requirements of the Kalyani Group companies.
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