Sudar Industries board considers foreign currency convertible bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 26 - Sudar Industries Ltd. informed the Bombay Stock Exchange that its board of directors will consider issuing various financial instruments at a meeting on Nov. 30.

The company will consider issuing Global Depositary Receipts, American Depositary Receipts and foreign currency convertible bonds.

Any issue will be subject to the approval of the members of the company.

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