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Board of Hindustan Foods approves preferential issue of shares

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At meeting held on 07 December 2016

Hindustan Foods announced that the Board of Directors of the Company at its meeting held on 07 December 2016 approved the allotment of 7992500 equity shares of Rs 10 each at Rs 40 per share on preferential basis to promoters and non-promoters of the Company. Pursuant to the above, the issue and paid up capital of the Company has increased to Rs 129,925,000.

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First Published: Dec 07 2016 | 5:45 PM IST

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