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Info Drive Software mulls issuing up to $100 million in convertibles
By Devika Patel
Knoxville, Tenn., July 11 - Info Drive Software Ltd. informed the Bombay Stock Exchange that it will consider plans to issue up to $100 million in foreign currency convertible bonds at an extraordinary general meeting on Aug. 14.
The company also is considering issuing Global Depositary Receipts and American Depositary Receipts.
Chennai, India-based Info Drive Software provides Information Technology consulting services.
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