Q: This USD 1.5 billion of capital issuance that you have approved off, can you give us the ballpark timeframe by which it will be completed?
A: If you take it step by step, the board has approved and we are going for our postal ballot soon. It will take about 45-55 days.? If the halogen gas filled in the headlight bulb can not produce plastic slipcovers bright light for you? If the tail lights needs shinning angel eyes to highlight the appearance...Anyway, renew them time whenever you find the problem. Then the preparation for the documents etc and then we will have to finalize which instruments, which markets to take. Having gone through this, the first six months of the next year would be important to access the market and raise that capital.
Q: But it could spill over to the next quarter of fiscal two?
A: That is why I said first six months of the calendar year., there are still things to be done. No matter seeing from lighting product itself Led pot or the technique concerned, there is time needed to establish some standards and regulations, and to change the consuming concept of consumers. At the same time, skills of producing LED are not very mature and it is not proper, at present,
Q: Any earlier thoughts on what the likely instrument could be since it is an equity issuance? Is it going to be convertible or a pure equity? Which one are you leaning towards at this point?
A: That is a difficult one to answer. Given the fact that we are more focused towards pure equity than convertible because unless the convertible is more in the zone of getting converted it is an equity issue or an equity linked issue., square as well as round, in white, blue, red, green and colour changing. They are now considerably plastic tea cups brighter than originally. While they are still used for decking and other garden installations, they can also be used to stunning effect in a variety of locations inside the home. This is what we are focusing on at this point of time.
Q: USD 1.5 billion is enabling or you would want to raise that entire amount?
A: It is more enabling, it depends on the market.
Q: So you may not end up raising the entire quantity?
A: It really depends if the price is good, the market is good and there is a huge investor appetite,LED underwater fishing lights on boats are not only a novelty and only good for entertaining on boats at night. Of course they led light really look cool and add to the party atmosphere, we may go to a certain extent but if it is not then we will take a smaller amount but it is a difficult question to answer at this time.
Q: In pure essence you are leaning more towards equity. Is there a possibility of a DVR or could it be the Tata steel listed stock on which you would want to raise the capital?
A: We are going to take provisions for enabling us to do various kinds of instruments which will include normal equity, DVR or an FCCB. Closer to the timing,, with very little electricity fluorescent bulbs consumption, and minimum background light to disturb sleep. Such a system would also be suitable for children's rooms. A dusk to dawn photocell could be incorporated as well. the preparation is effectively the same for any of them. It is more towards the actual execution that one has to take a view as to which one really optimizes our requirement.
A: If you take it step by step, the board has approved and we are going for our postal ballot soon. It will take about 45-55 days.? If the halogen gas filled in the headlight bulb can not produce plastic slipcovers bright light for you? If the tail lights needs shinning angel eyes to highlight the appearance...Anyway, renew them time whenever you find the problem. Then the preparation for the documents etc and then we will have to finalize which instruments, which markets to take. Having gone through this, the first six months of the next year would be important to access the market and raise that capital.
Q: But it could spill over to the next quarter of fiscal two?
A: That is why I said first six months of the calendar year., there are still things to be done. No matter seeing from lighting product itself Led pot or the technique concerned, there is time needed to establish some standards and regulations, and to change the consuming concept of consumers. At the same time, skills of producing LED are not very mature and it is not proper, at present,
Q: Any earlier thoughts on what the likely instrument could be since it is an equity issuance? Is it going to be convertible or a pure equity? Which one are you leaning towards at this point?
A: That is a difficult one to answer. Given the fact that we are more focused towards pure equity than convertible because unless the convertible is more in the zone of getting converted it is an equity issue or an equity linked issue., square as well as round, in white, blue, red, green and colour changing. They are now considerably plastic tea cups brighter than originally. While they are still used for decking and other garden installations, they can also be used to stunning effect in a variety of locations inside the home. This is what we are focusing on at this point of time.
Q: USD 1.5 billion is enabling or you would want to raise that entire amount?
A: It is more enabling, it depends on the market.
Q: So you may not end up raising the entire quantity?
A: It really depends if the price is good, the market is good and there is a huge investor appetite,LED underwater fishing lights on boats are not only a novelty and only good for entertaining on boats at night. Of course they led light really look cool and add to the party atmosphere, we may go to a certain extent but if it is not then we will take a smaller amount but it is a difficult question to answer at this time.
Q: In pure essence you are leaning more towards equity. Is there a possibility of a DVR or could it be the Tata steel listed stock on which you would want to raise the capital?
A: We are going to take provisions for enabling us to do various kinds of instruments which will include normal equity, DVR or an FCCB. Closer to the timing,, with very little electricity fluorescent bulbs consumption, and minimum background light to disturb sleep. Such a system would also be suitable for children's rooms. A dusk to dawn photocell could be incorporated as well. the preparation is effectively the same for any of them. It is more towards the actual execution that one has to take a view as to which one really optimizes our requirement.
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