Gujarat NRE Coke said that it will raise USD 60 million by way of bonds and will issue 2.50 crore warrants to promoters.
Gujarat NRE in a filing to the Bombay Stock Exchange said that the board has approved to raise USD 60 million by issue of foreign currency convertible bonds.
The filing further added that the board has also approved to issue 2.50 crore convertible warrants to promoters. The proposal is subject to shareholders approval.
(Sourced from www.steelguru.com)
Thursday, September 24, 2009
Gujarat NRE to raise USD 60 million
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