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Cairn India to consider preferential share issue

Sun Mar 16, 2008 11:12pm EDT
 
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MUMBAI, March 17 (Reuters) - Cairn India Ltd (CAIL.BO: Quote, Profile, Research, Stock Buzz), a unit of UK explorer Cairn Energy Plc (CNE.L: Quote, Profile, Research, Stock Buzz), said its board will meet on Monday to consider a preferential issue of shares.

No other details were immediately available. (Reporting by Narayanan Somasundaram)

 

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