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Published on 8/26/2013 in the Prospect News PIPE Daily.

India Globalization arranges $4 million at-the-market sales agreement

Offering sells company's common shares through agent Enclave Capital

By Devika Patel

Knoxville, Tenn., Aug. 26 - India Globalization Capital Inc. negotiated a $4 million at-the-market sales agreement with Enclave Capital LLC on Aug. 22, according to an 8-K filed Monday with the Securities and Exchange Commission.

Enclave will be paid a 5% commission.

India Globalization Capital, based in Bethesda, Md., invests in renewable energy concerns.


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