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flag Shangar Decor Limited launches Rs 49.35 crore rights issue at Rs 5.76 per share to enhance working capital.

flag Ahmedabad-based Shangar Decor Limited has launched a Rs 49.35 crore rights issue priced at Rs 5.76 per share to boost working capital and meet corporate needs. flag Existing shareholders can buy seven shares for every share held as of October 28. flag The shares will be credited to their accounts by December 19 and listed on the BSE by December 24.

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