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India's IOL Chemicals hopes to sell securities in the United States
By Devika Patel
Knoxville, Tenn., May 5 - IOL Chemicals and Pharmaceuticals Ltd. informed the Bombay Stock Exchange that it approved plans to sell up to $10 million in securities to U.S. investors.
The company voted on the plans at a board of directors meeting on May 5.
Sangrur, India-based IOL manufactures drugs and chemicals.
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