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Shree Renuka Sugars in a communication to the stock exchanges has said that its shareholders through a postal ballot have approved enhancement of the existing limits of Rs 1,400 crore to Rs 2,400 crore for seeking loans, giving guarantee, providing security and to invest/ acquire securities.
Approval has also been obtained for increasing the limits for creating charge from Rs 2,400 crore to Rs 4,800 crore.
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