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              The Board of Directors of Money Masters Leasing & Finance Ltd at its meeting held on March 29, 2016 at 2.00 p.m. as per schedule has allotted 855,500 7% Cumulative Redeemable Preference Shares of the Company of Rs. 10/- each at par on preferential basis with reference to special resolution passed at its EGM.
The Board has approved redemption of 365,000 7% Cumulative Redeemable Preference Shares issued earlier by the Company.