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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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