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Nimbus Foods Industries may issue foreign currency convertible bonds
By Devika Patel
Knoxville, Tenn., Sept. 20 - Nimbus Foods 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 Sept. 27.
The company also is considering Global Depositary Receipts.
Based in India, Nimbus makes decorations and toppings for the bakery, cereals, confectionery, dairy desserts and ice cream markets.
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