Salora International to consider fund raising proposal

Salora International Ltd has announced that a meeting of the Board of Directors of the Company will be held on January 30, 2008, inter alia, to consider raising the funds from domestic markets by issuing equity / equity linked instruments including foreign currency convertible bonds, placement of equity / equity linked instruments to QIBs and preferential allotment of shares to non promoters.

Source : Equity Bulls

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