Suryajyoti Spinning to raise USD 20 million

Suryajyoti Spinning Mills Ltd has announced that the Board of Directors of the Company at its meeting held on August 21, 2006, subject to the approval of members has accorded its consent to issue Foreign Currency Convertible Bonds (FCCBs), Global Depository Receipts (GDRs), and other similar securities upto USD 20 Millions.

Source : Equity Bulls

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