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Karuturi Global to raise 3 bn via preferential issue
This article was posted on May 25, 2009 and is filed under Stock News
The board of directors Karuturi Global at its meeting held on May 23, 2009, decided to raise about Rs 3 billion through the preferential issue of approximately 241.5 million warrants to the promoters and their group and to certain strategic investors, subject to applicable compliances.
The company will seek approval from the members through postal ballot for this preferential issue.
source: Buzzing STocks
Tags: indian stock market news, Karuturi, Karuturi Global, Karuturi Global to raise 3 bn via preferential issue, Karuturi to raise 3 bn via preferential issue, postal ballot, stock market news, strategic investors
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