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Thursday, December 06, 2007
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Equity News
Dec 5 2007 2:17PM
Accentia Technologies to issue shares
Accentia Technologies has received the approval of foreign investment promotion board (FIPB) for issuance of shares under SWAP to be issued to the US acquisitions target shareholders.

As per the approval granted by FIPB, subject to stock exchange in-principle approval for allotment, the shareholders of Denmed Transcription Services Inc, USA are eligible for 333,333 shares and GSR PBS, INC USA for 416,667 shares and GSR Systems Inc, USA for 166,667 shares.

The company made this announcement during the trading hours today, 05 December 2007.

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Equities: Trading through Reliance Securities Limited | NSE SEBI Registration Number Capital Market :- INB 231234833 | BSE SEBI
Registration Number Capital Market :- INB 011234839 | NSE SEBI Registration Number Derivatives :- INF 231234833 Commodities : Trading through Reliance Commodities Limited | MCX member code: 29030 | NCDEX member code: NCDEX-CO-05-00647|
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