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Wednesday, December 16, 2009

Bajaj Hind to raise Rs 2,000 cr

Bajaj Group promoted sugar major, Bajaj Hindusthan, has informed the Bombay Stock Exchange that it would raise long-term funds up to Rs 2,000 crores from the domestic or international market in one or more tranches.

In a filing to the Bombay Stock Exchange, it said it would raise the funds by further issue of equity shares r securities convertible into or exchangeable with equity shares. The company took this decision during its extra ordinary general meeting held today

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