India Cements Ltd has informed that the Board of Directors of the Company at its meeting held on November 19, 2007, inter alia, has considered & decided the following:
1. Issuance in the form of Equity / Equity linked securities in Indian / foreign markets, including Global Depository Receipts (GDRs) / Global Depository Shares (GDSs) / Foreign Currency Convertible Bonds (FCCBs) and / or other securities for an amount not exceeding USD 150 million, including premium.
2. Convening an Extra Ordinary General Meeting of the Company on December 14, 2007 for seeking approval of the shareholders for the aforesaid issue.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment