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Prospect News home > News index > List of issuers E > Headlines for Empower Industries India Ltd. > News item
Published on 9/4/2009 in the Prospect News Convertibles Daily.

Empower Industries India aims to issue Rs. 300 million in convertibles

By Devika Patel

Knoxville, Tenn., Sept. 4 - Empower Industries India Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to Rs. 300 million in foreign-currency convertible bonds at a board meeting on Aug. 31.

The company also is considering issuing Global Depositary Receipts and American Depositary Receipts.

Mumbai, India-based Empower Industries, formerly Harijay Industries Ltd., manufactures textile chemicals, yarn and color.


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