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Following the market regulator’s approval of its ₹150-crore rights issue, the board of directors of JMC Projects will meet on Thursday to consider the issue price, rights entitlement ratio, fractional entitlement and record date for determining the eligibility of the shareholders to whom the equity shares on rights basis will be given. Besides, the board will consider the consolidated financial statements for the half-year ended September 30, 2015 on Thursday.
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