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Published on 7/11/2011 in the Prospect News Emerging Markets Daily.

India's Gayatri Projects board OKs Rs. 750 million promissory notes

By Devika Patel

Knoxville, Tenn., July 11 - Gayatri Projects Ltd. informed the Bombay Stock Exchange that its board of directors approved plans to issue Rs. 750 million of promissory notes at a meeting on Saturday.

Gayatri Projects is a Hyderabad, India-based construction firm that works on national infrastructure projects.


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