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Published on 6/5/2008 in the Prospect News Emerging Markets Daily.

India's Puravankara Projects to consider issuing Rs. 580 million in debentures

By Devika Patel

Knoxville, Tenn., June 5 - Puravankara Projects Ltd. informed the Bombay Stock Exchange that it will consider plans to issue and allot Rs. 580 million in secured, redeemable, non-convertible debentures at a board of directors meeting on June 6.

Puravankara Projects is a Bangalore, India-based real estate developer.


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