Sungold Capital could issue up to Rs. 1.5 billion convertible bonds

By Devika Patel

Knoxville, Tenn., Sept. 3 - Sungold Capital Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to Rs. 1.5 billion in convertible debentures and foreign currency convertible bonds at a board of directors meeting on Sept. 3.

The company also is considering Global Depositary Receipts, American Depositary Receipts, equity shares, warrants, partly convertible debentures, optionally convertible debentures, fully convertible debentures, debentures and bonds.

Sungold is an entertainment and digital technology company based in Mumbai, India.

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