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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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