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Board of Magellanic Cloud approves increase in authorised share capital

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Capital Market

At meeting held on 21 February 2022

The board of Magellanic Cloud at its meeting held on 21 February 2022 has approved to increase the authorised share capital of the company from Rs 30 crore to Rs 55 crore. The board also approved for increasing the Foreign Direct Investment limits as per RBI guidelines.

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First Published: Feb 21 2022 | 6:05 PM IST

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