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Prospect News home > News index > List of issuers S > Headlines for Shemaroo Entertainment Ltd. > News item
Published on 10/17/2019 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

India’s Shemaroo board approves up to Rs. 2.5 billion debt issue

By Sarah Lizee

Olympia, Wash., Oct. 17 – Shemaroo Entertainment Ltd. informed the Bombay Stock Exchange that its board of directors met on Thursday and approved a proposal to raise up to Rs. 2.5 billion of funds.

The company said it may issue fully or partially convertible debentures, non-convertible debentures or other debt securities.

The content creator, aggregator and distributor is based in Mumbai.


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