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New Delhi, April 29

Real estate player Vipul Ltd has offloaded its 14.95 per cent stake to financial institution Wachovia Corporation of the US for Rs 234 crore through preferential allotment. "The capital infusion through stake sale would help us finance the ongoing projects of the company," said Mr Punit Beriwala, Managing Director, Vipul Ltd.

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Vipul offloads stake to Wachovia

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