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Plethico gets approval for up to $100 million in convertible bonds
By Devika Patel
Knoxville, Tenn., April 19 - Plethico Pharmaceuticals Ltd. informed the Bombay Stock Exchange that it approved a proposal to issue up to $100 million in foreign currency convertible bonds at an extraordinary general meeting on April 19.
The company also is considering Global Depositary Receipts.
Plethico is a Mumbai, India-based pharmaceuticals firm.
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