Buy Property in India - Akruti Plans To Raise $500 Million 07/05/2008 Europe/London +0100 BST

Mumbai: Property developer Akruti City is planning to raise $500 million (Rs 2,100 crore) to found projects. The company has received the board approval to raise the amount through the issue of equity shares to qualified institutional buyers and other options, such as GDRs, ADRs and FCCB, subject to regulatory approvals, the company told the Bombay Stock Exchange.

 

                                                                

                                                                                      Courtesy E.T.:-03/07/08

 

Comments

Your name:

Your email:

Url:

Key code:

Your comment:

There are no comments.