BSE-NSE Ticker

Tuesday, May 25, 2010

GMR Infra to raise Rs 5,000 cr

GMR Infrastructure today said it plans to raise Rs 5,000 crore by selling shares in domestic as well as international markets.

The board of the company, at its meeting yesterday, has decided to raise the amount by issuing equity shares, Global Depositary Receipts (GDRs), American Depositary Receipts (ADRs), Foreign Currency Convertible Bonds (FCBs), or through private placement of shares, GMR Infra said in a filing to the Bombay Stock Exchange.

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