Kamat Hotels FCCB Public Issue opens

Kamat Hotels India Ltd has announced that the Public Issue of US$ 18 Million 5.5% Foreign Currency Convertible Bonds (FCCB) of the Company opened for subscription on March 13, 2007 and the same has been fully subscribed. The Company has received in principle approval from Singapore Exchange Securities Trading Ltd and Bonds will be listed for trading on their Exchange upon their final approval.

Source : Equity Bulls

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