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India Cements considers issuing debentures, warrants
By Reshmi Basu
New York. Dec. 20 - India Cements Ltd. said it will hold a board meeting on Dec. 24 to consider a proposal to issue convertible debentures and equity warrants.
Terms and conditions of the issuance will be decided upon at the meeting.
The company, based in Chennai, is the largest producer of cement in South India.
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