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Anant Raj Industries may issue up to Rs. 20 billion in convertibles
By Devika Patel
Knoxville, Tenn., June 25 - Anant Raj Industries Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to Rs. 20 billion in foreign currency convertible bonds at an extraordinary general meeting on June 25.
The company also is considering issuing Global Depositary Receipts and American Depositary Receipts.
The construction and infrastructure developer is based in New Delhi.
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