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Bilpower board OKs plan to raise up to $15 million in convertibles
By Devika Patel
Knoxville, Tenn., Oct. 24 - Bilpower Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to $15 million in foreign currency convertible bonds at a board of directors meeting on Tuesday.
Based in Mumbai, India, Bilpower manufactures power distribution products.
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