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India’s Cupid board approves up to Rs. 600 million securities issuance
By Wendy Van Sickle
Columbus, Ohio, Jan. 5 – Cupid Ltd. said its board of directors on Thursday approved issuing up to Rs. 600 million of securities, according to a Bombay Stock Exchange notice.
The securities issuance may include qualified institutional placements, foreign currency convertibles bonds, American depositary receipts and global depository receipts, the notice states.
The manufacturer and supplier of male and female condoms is based in Nashik, India.
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