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MUMBAI: Wire products manufacturer Diamond Cables on Tuesday said that it will raise Rs 250 crore through issue of securities from the international and domestic markets. The company will issue Foreign Currency Convertible Bonds (FCCBs), Global Deposito ry Receipts (GDRs) and other convertible securities through institutional placement basis to raise up to Rs 250 crore, it said in a filing to the Bombay Stock Exchange.

Shares of the firm were trading at Rs 405.35, down 19.99 per cent in the afternoon trading session on the BSE. - PTI

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