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Tuesday, Dec 14, 2004

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Corporate - Overseas Borrowings


Glenmark to raise $100 m

Our Bureau

MUMBAI: Glenmark Pharmaceuticals Ltd said on Monday that its board of directors had approved the issuance of Foreign Currency Convertible Bonds up to $ 100 million, to support plans for growth.

This would, however, be subject to shareholder approval, the company told BSE.

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