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Saturday, January 07, 2006

Zenith Birla to raise Rs 125cr via public issue

Zenith Birla India has informed BSE that the company board has approved the draft red herring prospectus to be filed with Sebi and BSE for raising upto Rs 125 crore (Rs 1.25 billion) by issuing fresh equity shares.

The company said it would be submitting the revised draft prospectus after incorporating the financial results up to September 30, 2005.

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