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India’s Venkys board looks to raise up to Rs. 2.5 billion of securities
By Tali Rackner
Norfolk, Va., Nov. 12 – Venkys (India) Ltd. informed the Bombay Stock Exchange that its board of directors met on Wednesday and will seek member approval for an issue of up to Rs. 2.5 billion of nonconvertible debt securities.
The securities would be issued on a private placement basis.
Venky’s produces and sells poultry and poultry products in India. It is based in Pune, India, and is a subsidiary of Venkateshwara Hatcheries Pvt. Ltd.
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