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Thursday, Feb 09, 2006
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Prajay Engineers allotment

Our Bureau

HYDERABAD: Prajay Engineers Syndicate Ltd informed the stock exchanges that it has allotted 4,17,496 equity shares of Rs 10 each fully paid up to Merrill Lynch Capital Markets Espana S.A, an FCCB holder, at a conversion price of Rs 75 per share.

The bonds involved in the conversion on 69 FCCBs of $10,000 each aggregating to $6,90,000.

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