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India’s Pantaloons may conduct Rs. 10 billion placement of debentures
By Devika Patel
Knoxville, Tenn., Jan. 7 ‑ Pantaloons Fashion & Retail Ltd. informed the Bombay Stock Exchange that it approved plans for a Rs. 10 billion private placement of non-convertible debentures at a board of directors meeting on Wednesday.
The company will now seek shareholder approval for this sale through a postal ballot.
The apparel retailer is based in Mumbai, India.
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