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Our Bureau

Hyderabad, Jan. 8

Sql Star International Ltd has informed BSE that a meeting of the company's board of directors will be held on January 23 to consider raising about $15 million and discuss a proposal to acquire a US-based IT staffing company.

The company expects to raise about $15 million by issue of GDRs/FCCB/ ADRs or other securities in the international offerings or in domestic markets to fund expansion plans. The board would also consider the financial results.

More Stories on : Overseas Borrowings | Mergers & Acquisitions | Software

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Sql Star to raise funds

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