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Wednesday, Jan 21, 2004
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 Corporate - Announcements


Ashok Leyland to raise $100 million

Our Bureau

Chennai , Jan. 20

ASHOK Leyland Ltd plans to raise long-term funds up to $100 million to finance its expenditure and working capital requirements.

In a communication to the stock exchanges on Tuesday, the company said that the board meeting scheduled for January 23 would consider a proposal to raise the funds through debt or equity in the international or domestic markets.

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