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Aurobindo board to meet on allotment of shares to Merlion

Our Bureau

Hyderabad , Feb. 17

THE board of directors of Aurobindo Pharma Ltd (APL) is scheduled to meet on Wednesday to consider the allotment of equity shares of Rs 5 each to Merlion India Fund Ltd as per the special resolution passed in the extraordinary general meeting held on December 26, 2003.

In a communiqué to stock exchanges, the company said that the board would also consider appointing the nominee of Merlion on its board.

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