Sahara One Media to consider issue of securities

Sahara One Media & Entertainment Ltd has announced that a meeting of the Board of Directors of the Company will be held on March 16, 2007, inter alia, to consider raising of resources through Debt and/or Issue of Equity Shares/Preference Shares/Convertible Debentures/Foreign Currency Convertible Bonds (FCCBs) and/or any securities convertible into equity shares and/or securities linked to equity shares through American Depository Receipt (ADRs) and/or Global Depositary Receipts (GDRs) or a combination thereof to meet its business requirements.

Source : Equity Bulls

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