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Tutis Technologies weighs issuing Rs. 1 billion in convertible bonds
By Devika Patel
Knoxville, Tenn., July 16 - Tutis Technologies Ltd. informed the Bombay Stock Exchange that it will consider a proposal to issue up to Rs. 1 billion in foreign currency convertible bonds at a board of directors meeting on July 20.
The company also is considering issuing Global Depositary Receipts.
Mumbai, India-based Tutis is an information technology services and solutions provider.
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