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Corporate - Preferential Allotments
Gati to issue convertible warrants

Our Bureau

Hyderabad, Sept. 11

The board of directors of Gati Ltd, the Hyderabad-based logistics company, has decided to issue 1,04,50,000 convertible warrants on preferential basis to the promoter group.

Informing the decisions of the board meeting held on Monday to the BSE, the company said it was also decided to issue 10,50,000 convertible warrants on preferential basis to Infrastructure Fund of India Ltd.

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