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Sujana Towers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 23, 2008, has approved the resolution for Issue of Foreign Currency Convertible Bonds (FCCB), Global Depository Receipts (GDRs) and / or American Depository Receipts (ADRs)
for an Aggregate sum of US $ 75 million, subject to the approval of the members of the Company.

Tags: Sujana Towers

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