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Sujana Metal approves up to Rs. 5 billion of convertible securities
By Devika Patel
Knoxville, Tenn., Sept. 26 - Sujana Metal Products Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to Rs. 5 billion of convertible securities at an annual general meeting on Sept. 24.
The company also is considering issuing equity shares.
Hyderabad, India-based Sujana Metal manufactures and markets various steel products and applications such as thermo mechanically treated bars and structural steel.
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