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India’s Valecha board to consider issuing debentures, convertibles
By Sarah Lizee
Olympia, Wash., Feb. 11 – Valecha Engineering Ltd. informed the Bombay Stock Exchange that its board of directors will meet on Thursday to consider an issue of 0% convertible debentures, nonconvertible debentures or redeemable preference shares.
The securities would be issued via private placement, according to the notice.
Valecha is a Mumbai, India, infrastructure engineering and contracting company.
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