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NCC Ltd seeks Sebi nod to raise from rights issue-Business Standard


Thursday, 3 Jul 2014 04:32am EDT 

NCC Ltd:Has sought market regulator Sebi's clearance to raise up to 6.00 bln Indian Rupees through a rights issue to existing shareholders, says a draft letter filed by the company with Securities and Exchange Board of India (Sebi)-Business Standard.The Hyderabad-based firm would use the proceeds from the issue towards repayment/pre-payment of certain loans availed by it and for general corporate purposes. 

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