Eros International to consider issuance of non-convertible debentures

New York, Nov. 29 – Eros International Media Ltd. said its board of directors will meet on Friday to consider a proposal to raise funds through the issuance of redeemable non-convertible debentures.

The debentures may be secured or unsecured and sold on a public or private placement basis, according to a notice filed with the Bombay Stock Exchange.

The limit on the amount of issuance will be decided by the board.

Eros International is a Mumbai, India, maker of movies.

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