Aksh Optifibre plans to raise $20 mn

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Aksh Optifibre plans to raise $20 mn

TT Correspondent | New Delhi | 01 Oct 2009

Aksh OptiFibre said that it has receive approval from its board to raise $ 20 million in funds through the preferential route.

The company intends to utilize these funds towards the expansion of its IPTV and VoIP business verticals.

Shares of Aksh Optifibre closed at Rs 25.30, up 3.27 per cent from its previous close on the BSE.

01 Oct 2009(IST)

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