Sujana Towers Ltd part of the diversified Sujana Group has obtained the nod of its board to raise up to USD 24 million through Global Depository Receipts and Foreign Currency Convertible Bonds.
The Hyderabad based company has informed the BSE that the board which met on Tuesday approved the issue of GDRs to an extent of USD 12 million and FCCBs to an equal amount.
(Sourced from www.steelguru.com)
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