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Valecha approves plans to issue foreign currency convertible bonds
By Devika Patel
Knoxville, Tenn., Nov. 30 - Valecha Engineering Ltd. informed the Bombay Stock Exchange that it approved plans to issue foreign currency convertible bonds at a board of directors meeting on Nov. 27.
The company also is considering Global Depositary Receipts and American Depositary Receipts.
Valecha is a Mumbai, India, infrastructure engineering and contracting company.
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