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India's Texmaco may sell up to Rs. 2 billion in convertibles, equity
By Devika Patel
Knoxville, Tenn., June 22 - Texmaco Ltd. informed the Bombay Stock Exchange that it approved plans at a board meeting on June 22 to sell up to Rs. 2 billion in convertible instruments.
The company may also issue stock, Global Depositary Receipts and American Depositary Receipts.
Texmaco is a Kolkata, India-based company.
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