BSEL Infrastructure to consider raising funds on Aug 20, 2008

BSEL Infrastructure Realty Ltd has announced that a meeting of the Board of Directors of the Company will be held on August 20, 2008, inter alia, to consider the funding not exceeding US$ 100 Million for ongoing & future projects of the Company through International Issue of GDR / FCCB and / or through local / international issue of debt / bonds and / or equity on a preferential allotment basis at a price to be determined as per SEBI guidelines subject to the necessary approvals and statutory compliances.

To finalize the Book Closure dates for the purpose of payment of dividend for the year 2007-08.

To finalize the date of Annual General Meeting for the year 2007-08 and to approve the notice for the same.

Source : Equity Bulls

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