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Wednesday, Jan 26, 2005

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Goodlass Nerolac gets nod to hike promoter holding

Our Bureau

MUMBAI: Goodlass Nerolac Paints Ltd has informed the BSE that the Foreign Investment Promotion Board has approved a proposal to enable its promoter, Kansai Paint Co Ltd of Japan, to increase its shareholding to 75 per cent from 64.52 per cent through secondary market transaction.

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