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Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Metropolitan Stock Exchange of India (MSE) plans to raise Rs 120 crore from investors in an attempt to stay afloat.

The beleaguered exchange’s board has approved issuance of 1.19 billion equity shares of face value Rs 1 at a premium of Rs 1 through private placements, according to a disclosure on its website.

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Source: rediff.com

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