India's Vishal Retail to redeem 10.45% debentures

By Devika Patel

Knoxville, Tenn., March 24 - Vishal Retail Ltd. informed the Bombay Stock Exchange that it plans to redeem 20,000 of its 10.45% unsecured redeemable non-convertible debentures, which were issued to Deutsche Trustee Services (India) Pvt. Ltd. on Nov. 23.

The debentures will be redeemed on March 28.

New Delhi-based Vishal sells ready-made apparels and a range of household merchandise and other consumer goods.

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