Dec 07, 2009 Edserv to raise $ 25 million through GDR / FCCB issue

Edserv Softsystems Ltd has informed BSE that EdServ plans to raise $25 million through GDR / FCCB issue to fund is expansion plans. The Company has submitted to BSE a copy of the Press Release dated December 07, 2009 titled "Edserv to raise $ 25 million through GDR / FCCB issue" giving details of this recent development.