Trend Electronics to consider Rs. 2.5 billion issue of convertibles

By Ashley Montgomery

Kansas City, Kan., May 4 - Trend Electronics Ltd. informed the Bombay Stock Exchange that the members of the company will vote on a proposal to raise up to Rs. 2.5 billion through an offering of equity shares, foreign-currency convertible bonds or other equity-linked financial instruments.

Members have until May 28 to deliver their ballots, and the results will be announced on May 30.

Trend Electronics provides rentals of consumer electronics and information technology services. It is based in Mumbai, India.

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