Artefact Projects to consider raising funds

Artefact Projects Ltd has announced that a meeting of the Board of Directors of the Company will be held on January 17, 2008, to consider the possible proposals for raising funds as part of its long-term fund raising exercise to finance Capital Expenditure, Working Capital requirements and business expansion needs if any through Equity shares, convertible debentures or debentures carrying a right to subscribe to equity shares, Syndicate Loans, External Commercial borrowings, Foreign Currency Convertible Bonds, Preference Shares, Warrants or any other instruments.

Source : Equity Bulls

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