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Puravankara rallies as board approves exit from Rs 403 cr investment

Puravankara rallies as board approves exit from Rs 403 cr investment

Wednesday, March 22, 2017, 11:00 AM

Shares of Puravankara jumped over 3% in Wednesday’s trade after the company informed the stock exchanges that its board had passed an enabling resolution to exit a Rs 403 crore investment in Raidurg, Panamaktha Village. This would involve the sale of its entire shares in three wholly-owned subsidiaries of the company.
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