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Bhagyanagar preferential offer

Our Bureau

Hyderabad, Nov. 27

Bhagyanagar India Ltd has informed BSE that an extraordinary general meeting will be held on December 20 to offer 5,00,000 fully paid-up equity shares of a face value of Rs 2 each at a price of Rs 40 (including a premium of Rs 38), on preferential basis to Bennett Coleman & Co. Ltd, subject to necessary provisions and approvals.

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