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Cimmco to issue NCRPS

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Capital Market

To Promoter Group Entity

Cimmco has announced that the company at its board meeting held on 12 April 2014, has decided to issue 8% non-cumulative redeemable preference shares to the extent of Rs 50 crore to a promoter group entity on private placement basis and also approved the extension of financial year end from 31 March 2014 to 30 June 2014.

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First Published: Apr 15 2014 | 11:21 AM IST

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