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Bangalore , June 30

BPL Ltd has informed the Bombay Stock Exchange that the board of directors of the company has allotted on June 30a total of 1.7 crore equity shares of Rs 10 each at a premium of Rs 33.02 per share aggregating to Rs 73,13,40,000 on preferential basis to Electro Investment Private Ltd, a promoter group company, in terms of the SEBI guidelines for preferential issues.

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