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Jenson & Nicholson (India) has informed the exchanges that its board of directors on Thursday approved a proposal to form a wholly owned subsidiary. The board also gave no-objection to the use of the words ‘Jenson & Nicholson’ to the proposed wholly owned subsidiary. Shares of Jenson & Nicholson (India) closed at ₹14.7, down 4.8 per cent on the NSE.
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