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Karda Constructions board OKs up to Rs. 1 billion debentures
By Sarah Lizee
Olympia, Wash., Jan. 24 – India’s Karda Constructions Ltd. informed the Bombay Stock Exchange that its board of directors met on Thursday and approved an issue of up to Rs. 1 billion noncumulative redeemable nonconvertible debentures.
The debentures would be issued on a private placement basis, according to the notice.
Nashik, India-based Karda Constructions develops real estate properties.
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