India's Pondy Oxides & Chemicals may issue bonds, convertible debentures

By Devika Patel

Knoxville, Tenn., April 24 - Pondy Oxides & Chemicals Ltd. informed the Bombay Stock Exchange that it will seek shareholder approval for plans to issue convertible debentures, notes or bonds via a postal ballot.

The company also is considering partially convertible debentures, non-convertible debentures and other securities.

Pondy Oxides & Chemicals, based in Chennai, India, is a metallic oxides and plastic additives producer.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.