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Matru Smriti Traders has informed the BSE that the adjourned meeting of the board of directors held on Friday considered issue of 12 lakh equity shares on preferential basis to Abhishek Bansal and decided to increase the authorised share capital of the company to ₹2 crore from ₹1 crore now in line with the requirement of additional capital. Shares of Matru Smiriti Traders surged 5 per cent at ₹15.80 on the BSE.
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