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Published on 6/19/2020 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

India’s Texel board will meet June 27 to mull fundraising options

By Sarah Lizee

Olympia, Wash., June 19 – Texel Industries Ltd. informed the Bombay Stock Exchange that its board of directors will meet on June 27 to consider a proposal to raise funds.

The board will consider issuing convertible or nonconvertible debentures or bonds, among other options.

The textile producer is based in Chennai, India.


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