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Board of Shalimar Paints approves Letter of Offer for proposed rights issue

Capital Market 

At meeting held on 22 March 2018

The Board of Paints at its meeting held on 22 March 2018 has approved the Letter of Offer and other documents in respect of proposed Rights Issue of 35,52,370 Equity Shares for cash at the price of Rs. 140/- per share including premium aggregating to Rs. 49.73 crore by the Company.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 22 2018. 18:50 IST
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