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The board of Shivam Autotech will meet on Saturday to consider and approve the issue of equity shares on rights basis. Shareholders will closely look for details such as quantum of funds the company plans to raise through the issue, the number of shares to be offered, the price of the rights issue and the entitlement ratio. Besides, the record date will also be closely followed. The company had earlier planned to consider the rights issue at the November 13 board meeting.
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