GSS Infotech to raise funds through FCCB/ADR/GDR and QIP

GSS Infotech Ltd has informed BSE that the Board of Directors of the Company at its meeting held September 03, 2012, inter alia, has approved the following :1. Appointment of M/s. Sarath & Associates, Chartered Accountants as Statutory Auditors for the financial year 2012-13.2. Raising of funds through Foreign Currency Convertible Bonds (FCCB) / American Depository Receipt (ADR) / Global Depository Receipts (GDR) and Qualified Institutional Placement (QIP) to the tune of $ 20Mn.3. Re-pricing of Employee Stock Options Granted under ESOS Scheme 2010.Source : BSE

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