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Videocon to seek shareholder nod to raise up to $800 million

Funds could be raised through issues of shares or foreign currency convertible bonds

Reuters Mumbai

Videocon Industries proposes to seek shareholder approval to raise up to Rs 5,000 crore, the company said on Saturday.

The funds could be raised through various means, such as the issue of shares or foreign currency convertible bonds, the company told the stock exchange in a statement.

 

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First Published: Nov 30 2013 | 12:44 PM IST

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