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India's Anik Industries weighs issuing foreign currency convertibles
By Devika Patel
Knoxville, Tenn., March 31 - Anik Industries Ltd. informed the Bombay Stock Exchange that it will consider plans to issue foreign currency convertible bonds at a board of directors meeting on April 1.
The company also is considering Global Depositary Receipts.
Indore, India-based Anik manufactures dairy products and packaged milk.
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