Glodyne Technoserve to raise funds through various instruments

07 Dec 2012

Glodyne Technoserve has received an approval for raising of funds by way of further issue of capital and /or any other securities in international / Indian market, including issue of convertible instruments (with an option / entitlement to apply for equity shares), FCCB, ADR/GDR, QIP, private placement or preferential allotment.

The company also received an approval for raising of funds by way of placement shares and/or other permitted securities to Qualified Institutional Buyers through QIP placement. The board at its meeting held on December 06, 2012 has approved for the same.

Glodyne Technoserve is a leading IT services company, headquartered in Mumbai, India with presence across India and US. Glodyne offers technology led business solutions across two SBUs i.e. Technology Infrastructure Management Services (Technology IMS) and Application Software Services.

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