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Date:03/07/2009
URL: http://www.thehindubusinessline.com/2009/07/03/stories/2009070352250302.htm
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Max India to issue equity shares
New Delhi, July 2
Max India on Wednesday said that its board of
directors had approved issuance of equity shares
for Rs 450 crore in one or more tranches. This will be
subject to the shareholder's approval. It also declared on
the Bombay Stock Exchange that it had withdrawn its
decision in February for issuance of equity shares worth
Rs 650 crore on rights basis. - Our Bureau
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