Business Daily from THE HINDU group of publications
Thursday, April 5, 2007
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Business Daily from THE HINDU group of publications Thursday, April 5, 2007 |
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News Update as at 18.00 hrs (IST)
Corporate MUMBAI: Granules India has sold 21.80 lakh shares representing 14.78 per cent in the company via a preferential allotment. The Hyderabad-based API manufacturer allotted the shares to Ridgeback Capital on April 4, a regulatory filing on the BSE shows. New Jersey-based investment company ISP Investco is also going to pick up around 13 per cent stake in Granules for Rs 23.33 crore through a preferential issue. - PTI
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