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CHENNAI: Shareholders of Odyssey Technologies Ltd approved a proposal to issue 7.24 lakh preference shares to a non-promoter group, at an EGM held on June 15.

The shares, valued at Rs 14.75, have a face value of Rs 10 each, according to information given by the company to the BSE.

In a separate statement, the company said a meeting of the board of directors would be held on June 29 for allotment of equity shares on a preferential basis.

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