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India's Northgate Technologies plans up to Rs. 5 billion convertibles
By Susanna Moon
Chicago, Sept. 2 - Northgate Technologies Ltd. said it informed the Bombay Stock Exchange that it plans to issue up to Rs. 5 billion of foreign-currency convertible bonds and American Depositary Receipts.
The offering was approved at a board meeting on Sept. 1.
Hyderabad, India-based Northgate Technologies is a provider of information technology services and solutions.
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