KEI Industries to allot FCCBs

KEI Industries Ltd has announced that a meeting of the Board of Directors of the Company will be held on November 29, 2006, inter alia, to consider the allotment of US$ 36,000,000 one percent Foreign Currency Convertible Bonds due 2011 (the "Bonds"). Further the Bonds will be issued in the registered form in the denomination of US$ 5,000 and in integral multiple thereof.

Source : Equity Bulls

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