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Shri Lakshmi gets OK to sell $20 million of convertibles
By Susanna Moon
Chicago, June 25 - Shri Lakshmi Cotsyn Ltd. notified the Bombay Stock Exchange that the company has been authorized to sell $20 million of convertible bonds, Global Depository Receipts or American Depository Receipts and warrants.
A shareholders meeting was held June 25 to approve the offering.
Shri Lakshmi is a Kanpur, India-based textile company.
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