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Prospect News home > News index > List of issuers A > Headlines for Alok Industries Ltd. > News item
Published on 8/3/2009 in the Prospect News Convertibles Daily.

Alok Industries resets conversion price on series B convertible bonds

By Devika Patel

Knoxville, Tenn., Aug. 3 - Alok Industries Ltd. informed the Bombay Stock Exchange that it adjusted the conversion price of its $55 million in series B bonds to Rs. 68.39 per share from Rs. 71.5875 per share.

Alok Industries is a New Delhi, India, maker of colors and other additives for the plastics industry.


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