The board of directors of Deccan Chronicle Holdings will meet on July 27, 2005, to consider the unaudited financial results for the quarter ended June 30, 2005, and a proposal to raise funds from the global markets by issuing foreign currency convertible bonds (FCCBs)/ADRs /GDRs.According to a release issued by the company to the BSE today, the float will be for 9% of the authorised share capital of the company subject to conversion at the end of 5 years.
