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Article: STERLITE INDUSTRIES (INDIA) LTD: ADS OFFERING EXERCISE OF OPTION.
- Article from:
- AsiaPulse News
- Article date:
- July 31, 2009
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(BW)(STERLITE-INDUSTRIES)(SLT.NYSE)
Sterlite Industries (India) Limited: ADS Offering Exercise of Over-allotment Option
Business Editors
MUMBAI, India--(BUSINESS WIRE) - Jul. 30, 2009-- Sterlite Industries (India) Limited ("Sterlite") announces that it has received a notice from J.P. Morgan Securities Inc. and Morgan Stanley & Co. International plc, the joint bookrunners to the previously announced public offering (the "Offering") of new equity shares of Sterlite in the form of American Depositary Shares ("ADSs"), exercising their over-allotment option to acquire an additional ...