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.

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