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OnMobile approves Rs. 10 billion foreign currency convertible bonds
By Devika Patel
Knoxville, Tenn., Jan. 29 - OnMobile Global Ltd. informed the Bombay Stock Exchange of the approval of a proposal to issue up to Rs. 10 billion of foreign currency convertible bonds at a board of directors' meeting on Jan. 29.
The company also is considering Global Depositary Receipts and American Depositary Receipts.
OnMobile Global is a Bangalore, India-based provider of mobile value-added services and products.
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