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FMCG sector | 1:10 swap for ITC hotels spinoff as company board approves proposal of demerger

As part of the process, properties, assets, investments, employees, liabilities and contracts forming part of the hotel business are intended to be transferred

Government coughs up over Rs 3723 crore on advertising

Kinetic Engineering Limited allots 8,79,310 Equity Shares

The Board of Directors of Kinetic Engineering Limited has passed resolution for preferential allotment of 8,79,310 Equity Shares on preferential basis to promoter company - Micro Age lnstruments Private Ltd at Rs. 116/- per Equity Share.

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