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Prospect News home > News index > List of issuers D > Headlines for Dwarikesh Sugar Industries Ltd > News item
Published on 5/16/2006 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

Dwarikesh Sugar Industries shareholders OK up to $50 million issue of convertibles

By Jennifer Chiou

New York, May 16 - Dwarikesh Sugar Industries Ltd. informed the Bombay Stock Exchange that its shareholders authorized an issue of up to $50 million or its rupee equivalent of foreign currency convertible bonds or other securities.

The meeting took place on Tuesday.

Based in Mumbai, India, Dwarikesh Sugar Industries is the flagship company of group consisting of companies in sugar manufacturing, financial services and information technology.


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