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India’s Reddy Housing approves Rs. 220 million issue of debentures
By Tali Rackner
Norfolk, Va., April 20 – Reddy Housing Pvt. Ltd. informed the Bombay Stock Exchange that its board of directors met on Friday and approved an issue of 220 nonconvertible debentures at a face value of Rs. 1 million each.
The debentures will be issued at par to eligible investors on a private placement basis.
Reddy Housing is based in Tirupati, India.
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