ORG Informatics plans to issue up to $35 million in convertibles

By Devika Patel

Knoxville, Tenn., Oct. 18 - ORG Informatics Ltd. informed the Bombay Stock Exchange that it might issue up to $35 million in convertibles.

The company plans an extra ordinary general meeting on Nov. 6 for its members to vote on the proposal.

Securities may include Global Depositary Receipts, American Depositary Receipts, equity shares and convertibles.

ORG Informatics Ltd. is a Gujurat, India-based information technology and software company.

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