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Our Bureau

Chennai , Aug. 9

T. ROWE Price Associates Inc, a US-based investment management firm, has acquired 46.39 lakh shares aggregating 5.29 per cent of the total paid-up capital of Teledata Informatics Ltd, a Chennai-based software firm.

The mode of acquisition was through the open market, and the shareholding of the US firm after the said acquisition was 49.59 lakh shares aggregating 5.66 per cent of the total paid-up capital of Teledata, according to a company release to the National Stock Exchange.

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