Marico allots 29,00,000 shares at Rs.522

Marico Ltd has announced that Securities Issue Committee of the Board of Directors of the Company at its meeting held on December 06, 2006 has allotted 29,00,000 equity shares of Rs 10/- each at a price of Rs 522/- per equity share to the Qualified Institutional Buyers (QIBs).

Source : Equity Bulls

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