India’s Walchandnagar Industries board to discuss issuing securities

By Sarah Lizee

Olympia, Wash., Nov. 2 – Walchandnagar Industries Ltd. informed the Bombay Stock Exchange that its board of directors will meet on Nov. 13 to consider raising funds by way of issuing securities.

The securities may include securities convertible into equity shares and/or nonconvertible debentures with or without warrants by way of public or private placement, among other things.

The engineering company is based in Mumbai.

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