Vinati Organics obtains approval for $5 million of convertible bonds

By Devika Patel

Knoxville, Tenn., Jan. 4 - Vinati Organics Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to $5 million of foreign currency convertible bonds at an extraordinary general meeting on Jan. 3.

The specialty chemical company is based in Mahad, India.

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