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Corporate - Overseas Borrowings
Gayatri Projects raising fund

Our Bureau

Hyderabad April 28 Gayatri Projects Ltd has decided to raise about $30 million to fund its projects. The company would issue equity shares/other securities by way of GDRs/FCCBs/QIPs etc for the purpose.

The company informed the BSE that its board of directors on Saturday, approved the move. It will convene an extraordinary general meeting on May 28, for approval.

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