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Prospect News home > News index > List of issuers P > Headlines for PSL Ltd. > News item
Published on 12/17/2007 in the Prospect News Convertibles Daily.

PSL OKs up to $125 million in convertibles, shareholders to vote on issue

By Devika Patel

Knoxville, Tenn., Dec. 17 - PSL Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to $125 million in convertible bonds at a board meeting on Dec. 14.

It will allow shareholders to vote on the proposal at an extra ordinary general meeting on Jan. 17.

Based in Daman, India, PSL manufactures pipes.


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