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Shares of Tata Motors and Tata Motors DVRs will remain in focus, as the ₹7,500-crore rights issue opens on Friday. The entitlement ratio has been fixed at six shares for every 109 shares held in Tata Motors and Tata Motors DVR. For ordinary Tata Motors shares, one has to pay ₹450 while for DVRs the price has been fixed at ₹271. The company plans to raise ₹7,500 crore through the issue, which closes on May 2.
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