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Titagarh Wagons increases stake in Cimco Equity Holdings

Capital Market

To 99.23%

Titagarh Wagons with the conversion of 6,40,00,000 0% optionally fully convertible debentures (OFCD) of Rs 10 each aggregating Rs 64 crores on 15 April 2014 of Cimco Equity Holdings has increased its stake to 99.23% making CEHPL its subsidiary.

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First Published: Apr 17 2014 | 11:16 AM IST

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