K Sera Sera Productions Ltd has informed that the Company has successfully concluded placement of 4,761,900 Global Depositary Receipts at USD 5.25 per Global Depositary Receipt (Representing 47,619,000 Underlying Equity Shares of Rs 10/- each). The Company has received about US $ 25 Million in the said issue. The said GDRs are being listed withLuxembourg Stock Exchange (LuxSE).The Board of Directors at its meeting held on November 02, 2007 has approved and allotted 4,761,900 Global Depositary Receipts and 47,619,000 Equity Shares of Rs 10/- each represented in the said GDR.
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