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 Corporate - Rights Issue


Mascon okays rights issue

Our Bureau

MUMBAI: The board of Mascon Global Ltd has approved the issue of further equity shares at a premium in the range of Re 1 up to Rs 10 per share for cash with or without warrants or any other instruments such that the offer size does not exceed Rs 100 crore on rights basis to the existing equity shareholders of the company.

The board also discussed and approved the annual business plan for 2004-05.

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