Stake Sale

KLG Systel raises US$ 7.4997 million through GDR



Posted On : 2006-09-04 10:21:42( TIMEZONE : IST )

KLG Systel raises US$ 7.4997 million through GDR

KLG Systel Ltd has announced that the Company has raised US$ 7,499,700.00 by way of issuing 2,307,600 Global Depository Receipts in the international markets. The Global Depository will be listed on the Luxembourg Stock Exchange. Elara Capital Advisers Ltd acted as Lead Manager for the Issue.

Source : Equity Bulls

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