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Shareholders' nod for Dai-Ichi unit sale

Our Bureau

HYDERABAD: Dai-Ichi Karkaria Ltd has informed stock exchanges that its shareholders have approved with requisite majority, by way of postal ballot, an ordinary resolution to sell, lease or otherwise disposal of or transfer of the company's Hyderabad unit on going concern basis to a new joint venture company to be formed with GVK Bioscience Pvt Ltd.

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