Rohit Ferro-Tech secures approval for foreign currency convertibles

By Devika Patel

Knoxville, Tenn., June 8 - Rohit Ferro-Tech Ltd. informed the Bombay Stock Exchange that it obtained approval to issue foreign currency convertible bonds via a postal ballot.

The company also is considering American Depositary Receipts and Global Depositary Receipts.

Based in Kolkatta, India, Rohit Ferro-Tech manufactures chromium and manganese-based ferro alloys.

© 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.