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Info Drive aims to issue up to $20 million in convertible securities
By Devika Patel
Knoxville, Tenn., Feb. 1 - Info Drive Software Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to $20 million in convertible debentures and other convertible securities at an extraordinary general meeting on Feb. 1.
The company also is considering equity shares, Global Depositary Receipts and American Depositary Receipts.
Chennai, India-based Info Drive Software provides information technology consulting services.
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