India's Vishnu Chemicals to vote on plan to issue convertibles

By Devika Patel

Knoxville, Tenn., Nov. 30 - Vishnu Chemicals Ltd. informed the Bombay Stock Exchange that it will consider plans to issue up to Rs. 2 billion in convertibles at an extra ordinary general meeting on Dec. 19.

Securities being considered include Global Depositary Receipts and convertible bonds.

Based in Mumbai, India, Vishnu Chemicals is a manufacturer of sodium bichromate and bulk drugs.

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