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India’s PVR plans Rs. 2.5 billion notes, Rs. 500 million 8.9% notes
By Susanna Moon
Chicago, July 29 – PVR Ltd. notified the Bombay Stock Exchange that it plans to issue up to Rs. 2.5 billion of debentures and Rs. 500 million of 8.9% debentures.
The issues were approved at a board meeting held Friday.
The Rs. 2.5 billion issue of debentures is subject to shareholder approval at the next annual general meeting.
PVR is a Furgaon, India-based film production, distribution and entertainment company.
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