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May sell stake to raise Rs 100-150cr: Bhagwati Banquets

Recent news suggested that Bhagwati Banquets and Hotels was looking for strategic investors to raise capital for a few projects through a stake sale.

June 30, 2011 / 16:32 IST
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Recent news suggested that Bhagwati Banquets and Hotels was looking for strategic investors to raise capital for a few projects through a stake sale.

In an interview with CNBC-TV 18, Narendra Somani, Chairman and Managing Director says that the company has been approached by a few investors in the last few months, but the board has not taken a decision regarding the same yet.
first published: Jun 30, 2011 03:36 pm

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