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Mumbai June 19 Sterlite Industries (India) Ltd has announced that it has priced its IPO of 13.04 crore equity shares in the form of American Depository Shares (ADS) at $13.44 per ADS.

These equity shares represent about 18.9 per cent interest in Sterlite post-offering. The company's ADS' have been approved for listing on the New York stock exchange.

After the offering, Sterlite will have about 689 million equity shares outstanding.

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