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MUMBAI: Metallurgical coke manufacturer Gujarat NRE Coke said on Monday its share holders have approved to raise Rs 1000 crore by way of issuing securities including redeemable on-convertible debentures with warrants.

In a filing to the Bombay Stock Exchange, the company said its members by way of postal ballot have approved to raise an amount not exceeding Rs 1,000 crore by issue of convertible warrants to non-promoter entities on preferential and private placement b asis.

Shares of Gujarat NRE Coke were trading at Rs 25.95, up 2.57 per cent on the BSE. - PTI

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