Apollo Hospitals Enterprise Ltd has informed the Exchange that the Board of Directors at its meeting held on June 29, 2009 has taken the following decisions: 1) To issue Foreign Currency Convertible Bonds (FCCBs), subject to required approvals being obtained, including approval of the members of the company, for a value up to USD 15,000,000 to International Finance Corporation ("IFC"), Washington. 2) Raising of loan in Foreign Currency in the form of External Commercial Borrowing (ECB) of USD 35 millions from International Finance Corporation (IFC), subject to required approvals being obtained.