India’s Integra Garments board to consider debt issuance, extension

By Sarah Lizee

Olympia, Wash., June 9 – Integra Garments and Textiles Ltd. informed the Bombay Stock Exchange that its board of directors will meet on June 25 to consider a proposal to raise funds by way of issuing debt securities on a private placement basis.

The board will also consider an extension of the date of redemption of Rs. 284.5 million of 0% redeemable nonconvertible debentures, according to the notice.

The textile manufacturer is based in Bangalore, India.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.