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Akruti City Most active discussions of 2006 , 2007 & 2008

BSE Announcements on Akruti City (1) 02-Jul-08 18:09

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Posted by: MMB Messenger on ( 02-Jul-08 18:09 )
Price : [Akruti City - BSE:Rs. 799.90 NSE:Rs. 798.20 when posted]
Akruti City Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 02, 2008, inter alia, has taken the following decision: - Approval of the proposal to raise funds through issue of securities including by way of issue of equity shares to Qualified Institutional Buyers in accordance with the provisions of Chapter XIII A of SEBI DIP Guidelines and / or Global Depository Receipts (GDRS) / American Depository Receipt (ADRS) / Foreign Currency Convertible Bonds (FCCB) or in any other combination thereof upto an amount not exceeding US $ 500 million, subject to the approval of the shareholders and SEBI, Government of India, Reserve Bank of India and all other appropriate authorities.

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