Article: India: Birlas to hike stake in Century Enka to 31.39 pc.

Byline: shiv03

The promoter of Century Enka, B K Birla group, will increase its stake in the former to 31.39 per cent from 25.23 per cent through preferential allotment.

A total of 18 lakh warrants will be issued to the promoter companies, including Century Textile and Industries through preferential allotment, Century Enka today informed the stock exchanges.

Each warrant will have the option ...

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