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Published on 11/29/2007 in the Prospect News Convertibles Daily.

India's Suryachakra Power may sell up to $100 million in convertibles

By Devika Patel

Knoxville, Tenn., Nov. 29 - Suryachakra Power Corp. Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to $100 million in convertibles at a board of directors meeting on Nov. 29.

Securities may also include American Depositary Receipts and Global Depositary Receipts.

Suryachakra is a Hyderabad, India-based power company.


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