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Chennai, July 16

Credit Suisse Singapore Ltd and Macquarie Bank Ltd have picked up 20.50 shares each, close to 5 per cent each, in the Chennai-based Sical Logistics Ltd, the company informed the stock exchanges today. The shares were issued to the two financiers on preferential basis at a price of Rs 240 a share. Sical would therefore get Rs 98.40 crore from the issue. —

Our Bureau

More Stories on : Preferential Allotments | Foreign Institutional Investors | Supply Chain Management

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