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Published on 2/11/2019 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

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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