India’s Nobility Estates approves up to Rs. 1.25 billion convertibles

By Tali Rackner

Norfolk, Va., Oct. 7 – Nobility Estates Pvt. Ltd. informed the Bombay Stock Exchange that its board of directors approved the issuance of up to Rs. 1.25 billion of unlisted secured optionally convertible debentures.

The debentures will be issued on a private placement basis.

Nobility Estates is a New Delhi, India-based real estate developer.

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