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Prospect News home > News index > List of issuers H > Headlines for Himatsingka Seide Ltd. > News item
Published on 8/26/2011 in the Prospect News Convertibles Daily.

Himatsingka Seide may sell up to Rs. 1.5 billion of convertibles

By Devika Patel

Knoxville, Tenn., Aug. 26 - Himatsingka Seide Ltd. informed the Bombay Stock Exchange that it approved plans to sell up to Rs. 1.5 billion of foreign currency convertible bonds or convertible debentures at an annual general meeting on Aug. 23.

The company also is considering Global Depositary Receipts.

Based in Bangalore, India, Himatsingka is a textile manufacturer.


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