Ahmednagar Forgings to issue shrs at 161 rupees each


MUMBAI, Jan 27 (Reuters) - Ahmednagar Forgings Ltd. said on Friday it would make a preferential allotment of 9.25 million shares at 161 rupees each to founders and foreign institutional investors. Shares in the company rose more than 3 percent to 210.50 rupees in a firm market.

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