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HYDERABAD: The board of directors of Pitti Laminations Ltd will meet on Wednesday for allotment of 12 lakh shares to non-promoters and 3.9 lakh shares to promoters at a price of Rs 72 per share on a preferential basis.

The company informed stock exchanges that the board would also allot 4.1 lakh share warrants to the promoters at a price of Rs 72 a warrant on a preferential basis.

The preferential allotment would be in terms of the approval given by the shareholders at the extraordinary general meeting held on June 11, the company said.

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