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Wednesday, Oct 05, 2005
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Nagarjuna Const global offer

Our Bureau

HYDERABAD: The shareholders of Nagarjuna Construction Company Ltd at the extraordinary general meeting held on Monday has approved the proposal of the company to raise funds to the tune of $120 million by way of issue of global depository receipts and/or foreign currency convertible bonds.

The company informed the stock exchanges that the shareholders also approved the consequent alteration to the authorised share capital clause of the memorandum and articles of association of the company.

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