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Tuesday, Jan 06, 2004

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Elder board approves GDR/FCCB issue

Our Bureau

Mumbai , Jan. 5

ELDER Pharmaceuticals plans to issue GDRs up to $15 million or foreign currency convertible bonds up to $15 million or a combination of both.

At a board meeting held here on Monday, the company board has decided to issue the GDR subject to shareholders' approval, informed a company notification to the exchange.

More Stories on : Announcements | Overseas Borrowings | Pharmaceuticals

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Strike not to impact Kennametal profit for now, says MD
Valji eyeing TN, Kerala markets
Eicher posts 52% increase in December sales
Tata Motors sales up 67 pc in Dec



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