Sujana Towers To Raise Equity Share Capital - July 10, 2009

The committee of Sujana Towers has approved the resolution for raising of equity share capital by way of issuing further equity shares/warrants of the company to the promoters and others under preferential allotment. The committee has also approved the resolution to issue further equity shares and convertible warrants of the company to promoters and others aggregating to Rs 44.00 crore by way of preferential allotment.

This was approved at the management committee meeting held on 07 July 2009.