Business Standard

Marico to raise Rs 500cr

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Our Web Bureau Mumbai
The board of directors of Marico, which met today, approved a proposal to raise up to Rs 500 crore to finance its recent acquisitions and future growth plans.

According to a release issued by the company to the BSE today, the board also cleared a fourth interim dividend of 20% i.e Rs 2 per share of Rs 10 each for FY06.

 
 

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First Published: Apr 20 2006 | 4:56 PM IST

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