Shree Ashtavinayak to raise $150 mn through various routes
Press Trust of India / Mumbai Sep 29, 2009, 13:23 IST
Media firm Shree Ashtavinayak Cine Vision today said it will raise $150 million (nearly Rs 720.5 crore) through various routes from both the domestic and international markets.
The board has approved raising funds through Global Depository Receipts (GDRs)or American Depository Receipts (ADR) or Foreign Currency Convertible Bonds (FCCB) or convertible securities linked to equity shares, including qualified institutional placement of share, Shree Ashtavinayak Cine Vision said in a filing to the Bombay Stock Exchange.