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Prospect News home > News index > List of issuers S > Headlines for Sujana Universal Industries Ltd. > News item
Published on 9/26/2011 in the Prospect News Convertibles Daily.

Sujana Universal Industries approves Rs. 3 billion convertible bonds

By Devika Patel

Knoxville, Tenn., Sept. 26 - Sujana Universal Industries Ltd. informed the Bombay Stock Exchange at an annual general meeting on Sept. 24 that it approved a proposal to issue up to Rs. 3 billion of foreign currency convertible bonds.

The company also may issue Global Depositary Receipts and American Depositary Receipts.

The engineering company is based in Hyderabad, India.


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