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flag Gujarat Natural Resources launches rights issue to raise funds for investment and debt repayment.

flag Gujarat Natural Resources Limited is launching a rights issue on December 12 to raise Rs. flag 48.15 crore, offering shares below the market price. flag The company plans to use the funds to invest in a subsidiary, repay debt, and cover corporate expenses. flag Despite a recent increase in revenue and profit, the rights issue aims to strengthen the company's financial position in the oil and gas sector.

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