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Shares of Jain Irrigation will remain in focus, as its board of directors meets on Friday to consider options to raise long-term equity funds. It had recently said that it plans to sell part stake in its food products business, and demerge it into a separate subsidiary. It also announced bagging of a ₹473-crore order from Maharashtra State Electricity Distribution for solar agri pumps. The Street will keep a tab on the company’s fund raising plans.
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