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Published on 5/3/2007 in the Prospect News Convertibles Daily.

Vardhman Polytex board to weigh possible convertibles offering

By Laura Lutz

Des Moines, May 3 - Vardhman Polytex Ltd. announced that its board of directors will consider an issue of foreign currency convertible bonds.

Vardhman is a textile producer based in Ludhiana, India.


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