Business Standard

Promoters Up Cesc Stake By 4%

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Kausik Datta BUSINESS STANDARD

The Rama Prasad Goenka group has raised its stake in CESC Ltd, the ailing power utility, by nearly 4 per cent.

The development assumes significance in view of the recent indications that the promoters might have to pledge a part of their stake to lenders to restructure CESC

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First Published: Apr 12 2003 | 12:00 AM IST

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