Glodyne board approves effort to raise funds through convertible issue

By Ashley Montgomery

Kansas City, Kan., Dec. 7 - Glodyne Technoserve Ltd. informed the Bombay Stock Exchange that its board of directors approved raising funds through the issue of convertible instruments, foreign currency convertible bonds or other securities.

The company may raise funds through a qualified institutional placement, American depositary receipts, global depositary receipts, private placement or preferential allotment.

Glodyne is a Mumbai-based information technology services company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.