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Suryachakra Power OKs up to $100 million convertibles offering
By Devika Patel
Knoxville, Tenn., Jan. 30 - Suryachakra Power Corp. Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to $100 million in convertibles at a board of directors meeting Wednesday.
Securities may also include American Depositary Receipts and Global Depositary Receipts.
Suryachakra is a Hyderabad, India-based power company.
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