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India's Spice Mobiles may issue up to Rs. 7 billion in convertibles
By Devika Patel
Knoxville, Tenn., March 4 - Spice Mobiles Ltd. informed the Bombay Stock Exchange that it approved a proposal to issue up to Rs. 7 billion in foreign currency convertible bonds at a board of directors meeting on March 4.
The company also is considering Global Depositary Receipts.
Noida, India-based Spice Mobiles is a telecommunications company.
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