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Published on 1/18/2018 in the Prospect News Emerging Markets Daily.

Welspun proposes Rs. 2.5 billion of secured redeemable nonconvertibles

By Tali Rackner

Minneapolis, Jan. 18 – Welspun Corp. Ltd. informed the Bombay Stock Exchange that it proposes to offer Rs. 2.5 billion of secured redeemable nonconvertible debentures.

The company’s board of directors will consider the rated issue at a meeting on Jan. 23.

The issuer is based in Gujarat, India.


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