India's Interface Financial approves Rs. 300 million in convertibles

By Devika Patel

Knoxville, Tenn., July 8 - Interface Financial Services Ltd. informed the Bombay Stock Exchange that it approved a proposal to issue up to Rs. 300 million in foreign currency convertible bonds at an extraordinary general meeting on July 8.

The company also is considering issuing Global Depositary Receipts, American Depositary Receipts and other convertible securities.

The share broking company is based in Ahmedabad, India.

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