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The board of directors of Autoline Industries will meet on Monday to consider and note the status of transaction related to the stake sale in its US-based wholly owned subsidiary. The Pune-based auto parts manufacturer plans to dispose of assets and divest stocks in Autoline Industries Inc for $8.5 million, an earlier disclosure to the exchanges had revealed. Investors will keenly watch the developments, particularly for any change in the price or structure of the deal.
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