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Published on 2/27/2007 in the Prospect News Convertibles Daily.

Visesh Infotecnics shareholders OK up to $10 million convertibles offering

By Angela McDaniels

Seattle, Feb. 27 - Visesh Infotecnics Ltd. said it obtained shareholder approval at an extraordinary general meeting on Tuesday to issue up to $10 million of foreign-currency convertible bonds, American Depositary Receipts or Global Depositary Receipts convertible into equity shares or preference shares.

Visesh is an information technology company based in New Delhi, India.


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