PSL Ltd (formerly PSL Holdings) plans to raise
Rs.300 crore for capacity expansion for its existing domestic plants, set up new
international facilities, strengthen its regional bases and consolidate
company's capabilities. The company's board recently approved the plan to raise
long-term funds. The fund raising exercise would include raising foreign
currency convertible bonds up to $40 million.
Also See:
PSL
commissions new unit at Kandla (12-Apr-05)