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HMT allots preference shares to PoI

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Capital Market
Last Updated : Feb 20 2014 | 12:02 AM IST

Of Rs 100 each

HMT announced that the company has allotted 8% fully paid-up redeemable preference shares of Rs 100 each for a face value of Rs 217 crore in favour of President of India, which is redeemable within two years as per the terms of sanction of the investment by Government.

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First Published: Feb 19 2014 | 10:29 AM IST

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