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 Corporate - Preferential Allotments


Neuland Labs plans preferential offer to promoters

Our Bureau

Hyderabad , Nov. 18

THE board of directors of Neuland Laboratories Ltd has decided to offer equity shares to promoters on a preferential basis.

The company has informed the stock exchanges that the board at its meeting on Wednesday approved issue of 2,74,986 share warrants convertible into shares at a price to be worked out as per SEBI guidelines.

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