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Finaventure approves Rs. 3 billion in foreign-currency convertibles
By Devika Patel
Knoxville, Tenn., Jan. 27 - Finaventure Capital Ltd. informed the Bombay Stock Exchange that its board of directors approved plans to issue up to Rs. 3 billion in foreign-currency convertible bonds at a meeting on Monday.
The company also is considering Global Depositary Receipts and American Depositary Receipts.
Finaventure is based in Mumbai, India.
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