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Tuesday, Jul 19, 2005

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IDBI sells 2 pc stake in Novopan

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HYDERABAD: Industrial Development Bank of India (IDBI) has sold 1,76,266 shares of Novopan Industries Ltd (NIL), aggregating to 2 per cent of its share capital.

In a communiqué to stock exchanges, Novopan said the shareholding of IDBI, after the sale, stood at 6,73,792 shares, aggregating to 7.67 per cent of share capital.

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