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Info Drive Software OKs up to $100 million in convertible debentures
By Devika Patel
Knoxville, Tenn., Aug. 14 - Info Drive Software Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to $100 million in convertible debentures or other convertible securities at an extraordinary general meeting on Aug. 14.
The company also is considering issuing convertible warrants, Global Depositary Receipts and American Depositary Receipts.
Chennai, India-based Info Drive Software provides information technology consulting services.
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