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India's Satra Properties to vote on plan to issue convertibles via postal ballot
By Devika Patel
Knoxville, Tenn., Nov. 29 - Satra Properties India Ltd. informed the Bombay Stock Exchange that its shareholders will consider plans to issue convertibles via a postal ballot.
The company approved the bonds at a board of directors meeting on Nov. 12.
Securities being considered include convertible debentures, convertible bonds and equity shares.
Based in Mumbai, India, Satra Properties is a real estate development company with a focus on shopping malls.
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