Rasoya Proteins - Board Meeting on Mar 20, 2008
Rasoya Proteins Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 20, 2008, inter alia, to transact the following:
1. To raise funds for financing the new projects by way of issuing the Foreign Currency Convertible Bonds (FCCBs) / Global Depository Receipts (GDRs) / American Depository Receipts (ADRs) / Qualified Institutional Placements (QIPs) to the specified persons to the tune of US $20 million subject to the approval of the Shareholders and other statutory authorities wherever applicable.
2. To call for an Extraordinary General Meeting of the members of the Company to seek member’s approval on item number (1) mentioned above.
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