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business

To part sell stake in impending food arm: Jain Irrigation

CNBC-TV18 learns from sources that Jain Irrigation may sell a 25 percent stake in its food division for around Rs 500 crore. Shareholders have already approved the proposal to create a food processing arm, MD Anil Jain says, adding that the lenders‘ approval for the subsidiary should come in by December

first published: Nov 4, 2015 01:04 pm

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