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The board of directors of Supreme Infrastructure will meet on Saturday to approve further raising of funds. On July 24, its board had approved raising ₹260 crore through preferential allotment of securities, including equities to various entities; and up to ₹2,000 crore by allotting optionally convertible debentures and optionally convertible redeemable preference shares or compulsorily convertible preference shares. Investors will closely monitor the development.
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