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Prospect News home > News index > List of issuers S > Headlines for Sterling Holiday Resorts (India) Ltd. > News item
Published on 12/24/2007 in the Prospect News Convertibles Daily.

Sterling Holiday Resorts India approves up to $25 million in convertibles

By Devika Patel

Knoxville, Tenn., Dec. 24 - Sterling Holiday Resorts India Ltd. informed the Bombay Stock Exchange that it received approval for plans to issue up to $25 million in convertibles at an extraordinary general meeting on Nov. 29.

Securities being considered are Global Depositary Receipts, American Depositary Receipts, warrants, equity shares and convertibles.

Based in Chennai, India, Sterling Holiday Resorts operates hotel services, holiday resorts, timeshare services and restaurants.


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