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IL&FS Engineering and Construction Company Limited has secured approval for issue of 2,12,74,442 equity shares of Rs 10 each fully-paid to promoter/promoter group and non-promoter on preferential basis.
In a statement to BSE, the company has informed that it has also secured nod from the shareholders for creation of charge on the moveable and immoveable properties of the company to facilitate additional borrowings of the company.
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