India’s Mangalam Cement board to consider nonconvertible debt issue

By Tali Rackner

Minneapolis, Jan. 25 – Mangalam Cement Ltd. informed the Bombay Stock Exchange that its board of directors will meet on Feb. 10 to consider a proposal to raise funds by way of nonconvertible debentures.

The issue would be subject to the approval of the company’s shareholders.

The issuer is based in Kolkata, India.

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