Bihar Tubes to raise US$ 20 million

Bihar Tubes Ltd has announced that the Board of Directors of the Company at its meeting held on July 11, 2007, has approved the raising up to US $ 20 million by way of Foreign Currency Convertible Bonds, Global Depository Receipts (GDR) and / or any other security in the international market(s) subject to approvals as may he necessary / required by the Company.

Source : Equity Bulls

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