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MUMBAI: IT infrastructure services provider Allied Digital Services on Thursday said it is planning to raise funds through the issue of securities in domestic or global markets.

A meeting of the board will be held on August 28 to consider funds raising options by way of issue of equity shares or warrants or any instrument convertible into shares, Allied Digital Services said in a filing to the BSE. Other instruments, for raisin g funds include global depository receipts, American Depository Receipts or FCCBs.

Besides, the board will also consider a stock-split proposal, it added. Shares of Allied Digital were trading at Rs 431.05, flat from its previous close in late afternoon trade on the BSE. - PTI

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