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Chennai, Nov. 23

Rohit Ferro Tech Ltd has informed the BSE that the board of directors of the company at a meeting on November 23, after receiving in-principle approval from stock exchanges and approval of the members of the company at the EGM on October 9, allotted 80 lakh convertible warrants at Rs 43 each, which are convertible into equal number of shares of Rs 10 each at a premium of Rs 33, within 18 months, on preferential basis to the promoter and strategic investors belonging to non -promoter group. —

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