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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 6/13/2011 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

India's Pidilite issues 116,462 shares in exchange for convertibles

By Jennifer Chiou

New York, June 13 - Pidilite Industries Ltd. informed the Singapore Exchange that it issued 116,462 common shares in exchange for about $3 million of its foreign-currency convertible bonds.

Following the transactions, $36.9 million of the bonds remains outstanding.

Pidilite is a Mumbai, India-based industrial and consumer chemical producer.


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