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The board of Anjani Portland Cement will meet on Wednesday to consider a rights issue of equity shares. Last year, Chettinad Cement Corp had bought off the then promoters’ stake of 61.74 per cent. It currently holds 75 per cent in Anjani Portland. About 7,400 individual stakeholders hold 20.6 per cent equity in the company. Analysts and traders will be keen to know the entitlement ratio, price and size of the rights issue.
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