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Fair Deal Filaments has fixed June 14 as record date for the proposed merger via absorption by Shahlon Silk Industries. In consideration of the amalgamation, Shahlon Silk Industries will issue and allot one equity share of the company to the shareholders of Fair Deal Filaments for every 0.90 shares held in the company. Shareholders wishing to participate in the amalgamation need to buy Fair Deal Filaments’ shares by Wednesday, as the stock will turn ex-date on Thursday.
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