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 Corporate - Preferential Allotments
Refex Refrigerants pref issue

Mumbai, Dec. 17

Refex Refrigerants Ltd has informed the BSE that the board at its meeting held on December 13 has decided to make preferential allotment of 2.75 lakh equity shares to a particular group of investors at a price of Rs 200 per equity share (including a premium of Rs 190 per share) and seeking members approval for the issue of Foreign Currency Convertible Bonds for an aggregate value not exceeding Rs 200 crore and increasing the borrowing powers of the company from the present limit of Rs 100 crore to Rs 500 crore. - Our Bureau

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