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Published on 1/12/2018 in the Prospect News Emerging Markets Daily.

India’s Poddar Housing shareholders OK Rs. 1 billion of secured debt

By Tali Rackner

Minneapolis, Jan. 12 – Poddar Housing and Development Ltd. informed the Bombay Stock Exchange that its shareholders met on Thursday at the extraordinary general meeting and approved an issue of up to Rs. 1 billion of secured redeemable nonconvertible debentures.

Poddar Housing is a real estate developer based in Mumbai, India.


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