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Chola DBS Finance to rasie Rs 300 cr

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BS Reporter New Delhi

Cholamandalam DBS Finance Ltd plans to issue preference shares to its promoters to raise Rs 300 crore capital. The preference shares will be issued at a price of Rs 300, 7.5-times higher than the current equity share price of Rs 40.50.

 

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First Published: Dec 27 2008 | 12:00 AM IST

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