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Ess Dee Aluminium to raise Rs 615cr

Thursday, Jul 05, 2007
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The board of directors of Ess Dee Aluminium, which met today, approved a proposal to raise up to Rs 615 crore (approximately $150 million) by issuing FCCBs/GDRs.

The meeting also approved an increase in the authorised share capital from Rs 30 crore to Rs 35 crore, and FII investment limit up to 49%.

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