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Federal Mogul revises rights issue price band

MUMBAI, Aug 14 (Reuters) - Federal-Mogul Goetze (India) Ltd. said on Tuesday its board had revised the pricing of its rights issue to 145-170 rupees per share.

It had earlier set a price band of 180-215 rupees per share. However, the size of the issue remained unchanged at 1.1 billion rupees, it said in statement.

Ahead of the news, shares in the company ended down 3.55 percent at 159.15 rupees in a flat Mumbai market.