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Pipavav Shipyard Fund Raising Plan

Maritime Activity Reports, Inc.

April 8, 2010

According to an April 7 report from Bloomberg, Pipavav Shipyard rose 1.62% to Rs 78.60 at 13:47 IST on BSE after the company's board approved raising up to Rs 178 crore by issuing convertible debentures on preferential basis.

(Source: Bloomberg)

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