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The board of directors of Lovable Lingerie will meet on Friday to consider a proposal for buyback of equity shares of the company. Investors will be keen to know the quantum and the price of the issue, if the board approves the buybackproposal. At present, the promoter holds 67.23 per cent stake and 19,835 small investors own 16.88 per cent stake in the company. Besides the mode (tender or open purchase) of the issue, promoters' interest on issue will also be keenly watched.
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