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Infronics Systems board of directors approves issue of convertibles
By Ashley Montgomery
Kansas City, Kan., March 7 - Infronics Systems Ltd. informed the Bombay Stock Exchange that its board of directors approved an effort to raise funds through an issue of foreign currency convertible bonds.
The company may also raise funds through global depositary receipts and qualified institutional placements.
Infronics is an internet technology company based in Hyderabad, India.
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