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Titan Company on Wednesday informed the BSE that its board of directors had approved the invitation and acceptance of deposits from customers for the purchase of jewellery under the Companies (Acceptance and Deposits) Rules, 2014. Monthly instalment schemes for gold purchases are popular with buyers since these do not entail upfront payment of large sums of money. Shares of Titan on Wednesday closed up 0.5 per cent at ₹393.15 on the NSE.
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