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Monday, Dec 20, 2004

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Neuland allots share warrants

Our Bureau

HYDERABAD: Neuland Laboratories Ltd, the city-based pharmaceutical company, has informed the stock exchanges that following clearance obtained from the shareholders at the extraordinary general meeting held on Friday, its board has allotted 2,74,986 warrants convertible into equity shares of Rs 10 each at a premium of Rs 238.20 to the promoters - Dr D.R. Rao and Sucheth & Saharsh Holdings Pvt Ltd.

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