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Coimbatore, Jan 4

Easun Reyrolle Ltd has said that its directors have allotted 937,500 Global Depository Receipts (GDRs) aggregating to $7,500,000 to international investors. This offer and allotment of GDRs of $7.50 million at the rate of $8 per GDR (Rs 315.60) has been made in exercise of green-shoe option pursuant to offer document dated December 5, 2007 issued by it. The above GDRs are being listed on Singapore Stock Exchange.

- Our Bureau

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