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Prospect News home > News index > List of issuers B > Headlines for Bombay Rayon Fashions Ltd. > News item
Published on 9/30/2009 in the Prospect News Convertibles Daily.

Bombay Rayon Fashions may issue up to Rs. 5 billion in convertibles

By Devika Patel

Knoxville, Tenn., Sept. 30 - Bombay Rayon Fashions Ltd. informed the Bombay Stock Exchange that it approved plans at an annual general meeting on Sept. 30 to issue up to Rs. 5 billion in foreign currency convertible bonds.

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

Bombay Rayon is a Mumbai, India-based integrated textile group.


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