Lancor Holdings to consider issuing foreign currency convertibles

By Devika Patel

Knoxville, Tenn., Oct. 15 - Lancor Holdings Ltd. informed the Bombay Stock Exchange that it will consider plans to issue foreign currency convertible bonds and non-convertible debentures at a board of directors meeting on Oct. 21.

The company also is considering issuing equity shares, warrants, Global Depositary Receipts and American Depositary Receipts.

Based in Chennai, India, Lancor is a property development company.

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