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Published on 1/13/2015 in the Prospect News Emerging Markets Daily.

India’s Infotel board to meet, approve nonconvertible debenture issue

By Tali Rackner

Norfolk, Va., Jan. 13 – Infotel Broadband Services Ltd. informed the Bombay Stock Exchange that its board of directors will meet on Thursday to consider and approve the proposed issue of unsecured redeemable nonconvertible debentures on a private placement basis.

The telecommunications company was acquired in 2010 by Mumbai-based Reliance Industries Ltd.


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