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Archive for the 'Exide Industries' Category

Exide raising Rs 150 cr through rights issue

Published August 29th, 2007 in Exide Industries. 0 Comments

Exide Industries Ltd announced on Tuesday its plans to raise Rs 150 crore through a 1:15 rights issue (that is one rights share for every 15 shares held). The issue is priced at Rs 30 per equity share of Re 1 face value.

According to a press release issued by the company, the board of directors of Exide approved the proposal at its meeting held here on Tuesday. More

Courtesy:www.indiacar.net

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