A senior Matrix Lab official told Business Line that the company has decided to go in for the global offering also to fund the capital expenditure needs for the increased business opportunities and to tap opportunities emerging in the global markets.
The company proposes to raise funds from the international capital markets by offering American Depository Receipts (ADRs), Global Depository Receipts (GDRs), foreign currency convertible bonds (FCCBs) or international bonds, the official said.
