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View Full Version : India Cements plans to raise $150 m


praveen
19-11-2007, 08:48 PM
India Cements Ltd has informed the BSE that the board of directors of the company at a meeting on November 19 considered and decided to issue in the form of equity/equity-linked securities in Indian/foreign markets, including GDRs, GDSs, FCCBs a nd/or other securities for an amount not exceeding $150 million, including premium.

An EGM will be convened on December 14 for seeking approval of the shareholders for the aforesaid issue.