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India’s CHD Developers to mull private placement of nonconvertibles
By Tali Rackner
Norfolk, Va., Feb. 17 – CHD Developers Ltd. informed the Bombay Stock Exchange that its board of directors will meet on Wednesday to consider a private placement of nonconvertible debentures.
The debt will be issued on terms and conditions that the board may determine and consider proper and most beneficial to the company, subject shareholder approval.
CHD is a real estate developer based in New Delhi, India.
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