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Board of Camlin Fine Sciences approves fund raising upto Rs 250 crore

Capital Market 

At meeting held on 19 May 2017

The Board of Directors of Fine Sciences at its meeting held on 19 May 2017 has approved to raise funds not exceeding Rs 250 crore by way of QIP/ GDR/ ADR/ FCCB/ other securities linked to equity/ preference shares/ convertible securities, subject to approval of shareholders. The Board has appointed Santosh Parab as CFO of the Company with effect from 10 May 2017.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, May 20 2017. 12:36 IST