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Wednesday, Mar 16, 2005

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Goldstone Tele allotment

Our Bureau

HYDERABAD: Goldstone Teleservices Ltd has informed the BSE that the board of directors has approved the allotment of 73,58,155 equity warrants (convertible into equity shares) in accordance with the resolution passed by the shareholders during a meeting on February 28.

Further, the board also authorised Dr M.V.S.R. Kamesam, Director, to conduct the due diligence for acquisition of 51 per cent stake in SRV Telecommunications.

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