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Filatex to raise funds thru ADRs/GDRs/FCCBs/QIP
29
Jan '08
Filatex India Ltd has informed that the Board of Directors of the Company at its meeting held on January 28, 2008, has approved the following:
1. Raising of funds by way of ADRs / GDRs / FCCBs / QIP / Other Securities at an appropriate time and manner.

2. Commencement of business set out in Sub clause 48 of the Other Objects Clause of the Memorandum of Association of the Company relating to infrastructure and allied activities at an appropriate time and manner.

However, the aforesaid mailers shall be subject to the approval of Shareholders by way of Postal Ballot for which the necessary steps are being taken.

Filatex India Ltd


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