Financial Daily from THE HINDU group of publications
Wednesday, Sep 14, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Corporate - Overseas Borrowings


Nod for Suven's global offering

Our Bureau

HYDERABAD: The shareholders of Suven Life Sciences Ltd (SLSL) at the AGM on Monday approved the enabling resolution to issue FCCBs, ADRs, GDRs, or other debt instruments or securities for an amount not exceeding $25 million.

In a release, the company said that the proceeds of global offering would be spent towards capital expenditure plans for manufacturing facilities, drug discovery and development support services facilities, and in-house drug discovery programmes. The AGM has authorised the SLSL board to workout various modalities to raise these funds, the release added.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Banknet India Tata Safari Dicor

Stories in this Section
Kothari Sugars settles dues to lenders


TVS Motor launches 2 motorcycle variants
Asianet to set up digital head end in Kochi
Finolex to foray into electrical switches
Lupin drug gets US nod
PSL raises $40 m through FCCB issue
Indus Networks plans $7-m GDR issue
Nod for Suven's global offering
Deccan Chronicle FCCB offering
Goldman ups holding in Suven
Flextronics to set up Rs 450-cr facility in TN
Suryajyoti Spinning's plans
Ranbaxy enters Italy thru' 100 pc arm
NBCC signs pact with ONGC
Titan Energy enters joint venture to make lead-free solar battery
Chennai desalination project: Pact with IVRCL signed
FACT revival package to be discussed on Sept 19
ONGC sees prospects in crisis management
BHEL Tiruchi may get Rs 475 cr for expansion
T.R Prasad joins Suven Life board


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line