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Our Bureau

Mumbai , Feb. 7

THE shareholders of Spanco Telesystems & Solutions Ltd have approved an increase in authorised share capital from Rs 15 crore to Rs 25 crore.

At the EGM held on January 31, the board of directors has been authorised to make further issue of shares for a nominal amount not exceeding Rs 10 crore by way of public issue or rights issue or private placement or on preferential allotment basis, according to the company's notification to the stock exchange.

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