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Tuesday, Apr 26, 2005

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JK Paper expansion

Our Bureau

NEW DELHI: The board of directors of JK Paper Ltd has approved an investment of Rs 235 crore for expansion of the paper and board business in its meeting held on April 23.

The company also informed the BSE in a notice that it has authorised the committee of directors to issue preference shares of the nominal value up to Rs 1 crore to FIs/banks on mutually agreed terms and conditions.

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