Stake Sale

Surana Industries exercises over allotment option of FCCB Issue



Posted On : 2007-12-18 06:58:22( TIMEZONE : IST )

Surana Industries exercises over allotment option of FCCB Issue

Surana Industries has announced with reference to earlier announcement dated June 20, 2007 regarding issue of FCCB of US$ 14 million, that the Over allotment Option of US$ 11 million was exercised and the same was fully subscribed on December 07, 2007. The Bond will be listed in Luxemburg Stock Exchange.

Source : Equity Bulls

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