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Rayban Sun Optics India said that has it has agreed to offer Rs 140 a share to the shareholders. The company is in the process of delisting its shares from the stock exchanges.
The settlement date for investors holding shares in demat account is August 27 and for shareholders holding shares in form of physical certificates, the last date is September 11.
The stock price gained 3.39 per cent and closed at Rs 135.55. A week ago the stock was trading at Rs 114.
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