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Equity News
Dec 21 2007 10:53AM
Manappuram General Finance & Leasing allots convertible preference shares
The board of Manappuram General Finance & Leasing has allotted 46,80,000 compulsorily convertible preference shares of Rs 100 each to Hudson Equity Holdings, Port Loius Mauritius (23,40,000 shares) and Sequoia Capital India Investment Holding 1, Port Louis Mauritius(23,40,000 shares).

Further, the board has also explored the feasibility of merging Manappuram Finance Tamilnadu, one of the group companies with the company and entrusted the matter to the subcommittee of directors constituted for this purpose.

These shares were allotted at the board meeting held on 20 December 2007.

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Equities: Trading through Reliance Securities Limited | NSE SEBI Registration Number Capital Market :- INB 231234833 | BSE SEBI
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