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Marico Kaya Enterprises (MaKE) will remain in focus on Tuesday, as it has fixed Wednesday as record date for identifying eligible shareholders of MaKE for the proposed merger. MaKE will merge with Kaya Ltd. According to a deal, one fully paid-up equity share of Kaya will be allotted for every one fully paid-up equity share held in MaKE, which itself is an entity demerged from Marico Ltd. A little over 25,300 small investors hold 13.78 per cent stake in MaKE.
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