Wanbury Board to consider FCCB / QIP issue

Wanbury Ltd has announced that a meeting of Board of Directors of the Company will be held, on January 04, 2007, inter alia, to consider the following:

1. Enhancement of Working Capital Limits sanctioned by Consortium of Bank of India, Exim Bank and Dhanlakshmi Bank.

2. Foreign Currency Convertible Bonds (FCCB) / Qualified Institutional Placement (QIP) Issue.

3. To convene Extra Ordinary General Meeting to approve FCCB / QIP Issue.

Source : Equity Bulls

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