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Published on 12/29/2014 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

India’s Incline Realty to redeem, lower face value of nonconvertibles

By Tali Rackner

Norfolk, Va., Dec. 29 – Incline Realty Pvt. Ltd. informed the Bombay Stock Exchange that it exercised its redemption of its nonconvertible debentures.

The face value of each debenture will be reduced to Rs. 8 million from Rs. 10 million.

Incline Realty is a non-government company in Mumbai.


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