Financial Daily from THE HINDU group of publications
Tuesday, Dec 16, 2003
Financial Daily from THE HINDU group of publications Tuesday, Dec 16, 2003 |
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Info-Tech
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Software Soffia shareholders okay $100-m bonds issue Our Bureau
Chennai , Dec 15 SHAREHOLDERS of Soffia Software, now renamed as Quintegra Solutions Ltd, have approved the company's plan to raise $100 million through American Depository Receipts/Global Depository Receipts or euro convertible bonds. The shareholders also approved the proposal to privately place 100 lakh equity shares/preference shares/fully or partly convertible debentures. The approval will enable Quintegra explore growth through acquisitions, joint ventures and strategic alliances in India and abroad, says a company release.
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