India’s Kaarya Facilities board approves redeemable debenture issue

By Sarah Lizee

Olympia, Wash., March 7 – Kaarya Facilities and Services Ltd. said its board of directors met on March 7 and approved an offer or invitation to subscribe to redeemable nonconvertible debentures.

The debentures will be issued on a private placement basis, according to a Bombay Stock Exchange notice.

Kaarya is a Mumbai-based facilities and property management company.

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