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Board of Sagar Cements fixes issue price for preferential issue of shares

Capital Market 

At meeting held on 28 November 2016

announced that the Board at its meeting held on 28 November 2016 inter-alia, fixed an issue price of Rs. 800/- (Rupees eight hundred only) per equity share (which includes a premium of Rs. 790/- per share) for the 6,11,986 equity of Rs. 10/- each of the company being issued for cash on a preferential basis, subject to receipt of further necessary approvals as may be required.

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

First Published: Mon, November 28 2016. 11:33 IST