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Our Bureau

Coimbatore, July 23 Housing Development & Infrastructure Ltd has fixed August 22 as the record date for issuing bonus shares in the ratio of 2:7.

Ramco Systems Ltd’s board of directors at its meeting held on July 23 has decided to raise further capital by issue of equity shares on a rights basis for an amount up to Rs 173 crore. The issue would be at Rs 75 per share including a premium of Rs 65 per share, to be offered in the ratio of three equity shares for every two equity shares (3:2) held as on the record date to be fixed in compliance with the applicable formalities in this regard. The number of rights shares to be offered would be about 23,036,979 equity shares.

Sanwaria Agro Oils Ltd has called a meeting of the board of directors on August 8 to consider recommendation of bonus.

Sesa Goa Ltd has said the validity of scheme of amalgamation of Sesa Industries Ltd with Sesa Goa Ltd has been extended up to October 31.

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