India Infradebt to consider additional non-convertible debentures

By Tanya Meyer

Chicago, Jan. 13 – India Infradebt Ltd. has informed the Bombay Stock Exchange that its board of directors will meet on Jan. 18 to consider the issuance of additional non-convertible debentures.

If approved, the debentures will be issued on private placement basis in one or more tranches, according to a news release.

India Infradebt, based in Mumbai, is a partnership between public and private sector institutions to provide financing for infrastructure in India.

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