The board of Nicholas Piramal India has decided to redeem preference shares. The redemption date is 09 January 2008. 15,00,000 - 5% cumulative redeemable preference shares of Rs 100 each and 2,33,72,280 - 5% cumulative redeemable preference shares of Rs 10 each.The company made this announcement during the trading hours today, 06 December 2007.
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