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RELIGARE PLANS 2:3 RIGHTS; PROMOTERS TO PICK UP UNSUBSCRIBED PORTION (the company intends to raise Rs1,802 crore).

India Business Insight

| October 31, 2008 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

Religare Enterprises Ltd is planning to make a rights issue of two shares for every three shares held in the company.

The company intends to issue the shares at Rs355 a share to raise Rs1,802 crore. …

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