Austral Coke seeks shareholders' nod to raise $200 mn
Press Trust of India / Mumbai Jun 16, 2009, 18:21 IST
Austral Coke & Projects, which manufactures, today said it will raise about Rs 957 crore through different routes from both domestic and international markets.
The company's board through the way of postal ballot has sought shareholders' approval for raising $200 million from domestic market by issue of equity shares, convertible debentures and bonds, Austral Coke & Projects said in a filing to the Bombay Stock Exchange.
The company would also raise funds through global depository receipts, American depository receipts and foreign currency convertible bonds the international market.