India Globalization Capital Schedules Conference Call Aug. 18th to Discuss
Financial Results for the Quarter Ending June 30, 2008
BETHESDA, Md., Aug. 15 /PRNewswire-FirstCall/ -- India Globalization
Capital, Inc. (Amex: IGC), (Amex: IGC.WS), (Amex: IGC.U) will hold a
conference call to discuss its financial results for the quarter ending June
30, 2008 (1st Quarter for Fiscal Year Ending March 31, 2009). The call will be
held on Monday, August 18, 2008 at 11 a.m. Eastern Time (8 a.m. Pacific Time).
If you are interested in participating, call one of the following numbers
ten minutes prior to the starting time: 1-800-762-8795 (inside the U.S.) or
1-480-629-9041 (outside the U.S.). Ask for the India Globalization Capital
First Quarter Fiscal Year End 2009 Financial Results Conference Call
(Conference ID # 3912828). An operator will check your name and organization.
You will be asked to wait until the call begins.
For those of you unable to join this earnings call, a playback of this
call will be available via telephone from 2 p.m., Monday, August 18, 2008
until August 25, 2008 at 11:59 p.m., all times Eastern. The numbers for this
replay service are 1-800-406-7325 or 1-303-590-3030 (outside the U.S.). Use
Replay Pin Number 3912828, followed by the pound sign.
For assistance with this call, please call (604) 588-8146. If at any point
anyone on the conference call requires Operator assistance, they may access
the Operator by pressing *0.
About IGC
Based in Bethesda, Maryland, IGC operates through two infrastructure
companies in India -- Sricon Infrastructure Private Limited ("Sricon") and
Techni Bharathi, Limited ("TBL"). IGC owns sixty-three percent of Sricon and
seventy-seven percent of TBL. IGC has three core competencies: 1) Highway and
other heavy construction, 2) Mining & quarrying and 3) Civil construction and
engineering of high-temperature plants. The Company's medium term plans are to
expand each of these lines of business. Most of the Company's operations are
based in India. IGC has offices in Maryland, Mauritius, Nagpur, Cochin, Delhi
and Bangalore. Copies of the Form 10-KSB filed on July 16, 2008 and IGC's
other filings with the SEC containing information about IGC, its Indian
operations and other relevant documents, are available at no charge at the
SEC's Internet site (http://www.sec.gov). For more information about IGC,
visit the company's website at http://www.indiaglobalcap.com.
Forward-Looking Statements:
This press release may contain forward-looking statements. These
statements reflect management's current views and are subject to risks and
uncertainties that could cause actual results to differ materially from those
projected, expressed or implied in these statements. Factors, which could
cause actual results to differ, relate to: (i) the ability of the parties to
successfully execute on the contracts and business plan, (ii) our ability to
raise additional capital and the structure of such capital including the
exercise of warrants, and (iii) changes in the exchange rate between the U.S.
dollar and the Indian Rupee. We undertake no obligation to publicly update
any forward-looking statements, whether as a result of new information, future
events or otherwise. Other factors and risks that could cause or contribute to
actual results differing materially from such forward looking statements have
been discussed in greater detail in the company's preliminary proxy statement
initially filed with the SEC on November 23, 2007, as well as the 10-KSB filed
on July 16, 2008.
SOURCE India Globalization Capital, Inc.
Dhruva Kumar of India Globalization Capital, Inc., +1-301-983-0998,
info@indiaglobalcap.com; Investor Relations, Sanford Diday of RedChip
Companies, Inc., 1-800-733-2447, Ext. 115, info@redchip.com
