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Varun Industries approves plans to sell Rs. 10 million convertibles
By Devika Patel
Knoxville, Tenn., Aug. 16 - Varun Industries Ltd. informed the Bombay Stock Exchange that it obtained approval to issue up to Rs. 10 million of convertible securities at an annual general meeting on Aug. 11.
The company also may issue equity shares.
Based in Mumbai, India, Varun is a manufacturer and exporter of stainless steel cookware.
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