PVR to raise capital through FCCBs

New Delhi, July 13: PVR Ltd today said it will raise capital through preferential allotment and through Foreign Currency Convertible Bonds (FCCBs).

PVR Ltd said in a statement that a meeting of the Board of Directors of the Company will be held on July 20, 2007, to consider raising funds through issue of warrants convertible into equity shares of the company on preferential basis and through Foreign Currency Convertible Bonds (FCCBs).

The company, however, did not state the amount it would raise through this exercise.

The board meeting will also consider the un-audited financial results of the company for the quarter ended June 30, 2007.

UNI