Business Standard

Aditya Birla Money allots preference shares

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Capital Market

On private placement basis

Aditya Birla Money has announced that a Committee of the Board of Directors of the Company on 29 March 2014, has allotted 1,00,000 8% Redeemable Non Convertible Non Cumulative Preference Shares Rs 100 each at a premium of Rs 400 per share for cash aggregating to Rs 5 crore on a private placement basis to Aditya Birla Financial Services, holding company of the Company.

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First Published: Mar 31 2014 | 12:47 PM IST

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