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The board of 5Paisa Capital will meet on Tuesday to consider the unaudited financial results for the quarter ended June 30, and a proposal to raise capital through a rights issue. Shareholders will be keen to know the amount it plans to raise, the price, and the entitlement ratio of the issue. Recently, the board approved an increase in the FPl investment limit to the sectoral cap/statutory ceiling of 100 per cent and NRIs’ limit to 24 per cent.
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