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Published on 6/8/2010 in the Prospect News Convertibles Daily.

India's Tulsi Extrusions approves $15 million in convertible bonds

By Devika Patel

Knoxville, Tenn., June 8 - Tulsi Extrusions Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to $15 million of its foreign currency convertible bonds at an extraordinary general meeting on June 8.

The company also is considering Global Depositary Receipts and American Depositary Receipts.

Based in Jalgaon, India, Tulsi Extrusions makes pipe products.


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