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Friday, January 4, 2008


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News Update as at 18.00 hrs (IST)


Banking & Finance
Dhanalakshmi Bank mulls rights issue

CHENNAI: Dhanalakshmi Bank Ltd has informed the BSE that a meeting of the board of directors of the bank will be held on January 14 to approve the quantum of fund to be raised by rights issue of shares, fix the price per share, approve the ratio and fix the record date for the purpose of determining the name of shareholders who are entitled to receive the letter of offer to participate in the rights issue. - Our Bureau

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