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INOX Leisure gets nod to raise funds worth Rs 160 crore

INOX Leisure has received an approval to raise funds through the issuance of 64,00,000 Equity Shares at a price of Rs 250 each, aggregating to Rs 160 crore to Gujarat Fluorochemicals, the promoter of the Company. The Committee of the Board of Directors for Operations of the Company (Committee) at its meeting held on November 29, 2018, approved the same.

INOX Leisure is amongst India’s largest multiplex chains.

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