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GVK Power files for draft prospectus with SEBI.

Asia Africa Intelligence Wire

| October 26, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Business Line)

from BUSINESS LINE, October 26, 2005 Hyderabad, Oct. 25 - GVK Power and Infrastructure Ltd, has filed the draft Red Herring Prospectus with SEBI and proposes to enter capital market to support expansion plans

According to a statement from the GVK Power, it proposes to soon enter the market with an initial public offer of 82,75,556 equity shares of face value of Rs 10 each through 100 per cent Book Building process

The GVK Power is part of the diversified GVK Group headed by Chairman, Mr G.V.K. Krishna Reddy with interests in power, roads, urban infrastructure, biosciences, hotels and manufacturing. The company has identified …

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