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| Exchange Disseminated Time | | Visagar Polytex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 10, 2016, has decided that pertaining to intricacy of the matter as specified in the Agenda of the Meeting and considering the pendency of finalization of annual accounts of the Company which are to be approved by the end of the current month, the proposal of raising long term funds by way of issue of FCCBs (Foreign Currency Convertible Bonds) on preferential basis will be taken in the subsequent meeting of the Board for discussion. |
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