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Published on 7/28/2010 in the Prospect News Convertibles Daily.

Ramsarup Industries aims to issue foreign currency convertible bonds

By Devika Patel

Knoxville, Tenn., July 28 - Ramsarup Industries Ltd. informed the Bombay Stock Exchange that it will weigh plans to issue foreign currency convertible bonds at a board of directors meeting on Aug. 13.

The company also is considering equity shares, warrants, Global Depositary Receipts and American Depositary Receipts.

Ramsarup manufactures wires and thermo-mechanically treated bars and is based in Kolkata, India.


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