Mascon Global to raise funds
The board of Mascon Global has decided to raise funds by issue of GDRs,
in one or more tranches, upto a total sum of US$ 60 million (including
green shoe option of US$ 10 million).
The board of Mascon Global has decided to raise funds by issue of GDRs,
in one or more tranches, upto a total sum of US$ 60 million (including
green shoe option of US$ 10 million).
The
board has approved to issue international securities like FCCB / GDR /
ADR including on a stock swap basis to the extent of US$ 150 million.
This was decided at the board meeting held on 28 August 2008.
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