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Prospect News home > News index > List of issuers S > Headlines for Surana Industries Ltd. > News item
Published on 2/14/2008 in the Prospect News Convertibles Daily.

Surana Industries OKs up to Rs. 7 million in convertible debentures

By Devika Patel

Knoxville, Tenn., Feb. 14 - Surana Industries Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to Rs. 7 million in convertible debentures at an extraordinary general meeting on Feb. 11.

The company also may offer convertible preference shares.

Surana Industries is a steel manufacturer based in Chennai, India.


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