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Prospect News home > News index > List of issuers B > Headlines for Birla Power Solutions Ltd. > News item
Published on 3/25/2010 in the Prospect News Convertibles Daily.

Birla Power approves Rs. 5 billion in foreign currency convertibles

By Devika Patel

Knoxville, Tenn., March 25 - Birla Power Solutions Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to Rs. 5 billion in foreign currency convertible bonds at a board of directors meeting on March 25.

The company also is considering Global Depositary Receipts and American Depositary Receipts.

New Delhi-based Birla Power manufactures portable generators, invertors and multi-purpose engines.


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