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Old 12-19-2007, 08:24 PM   #1 (permalink)
 
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Post Whole process not initiated properly: SP Tulsian

IFCI has said that it has scrapped the entire plan to sell 26% stake, according to Newswire 18 reports. SP Tulsian of sptulsian.com told CNBCTV18 that the whole process has not been initiated properly with conditions like zero optionally convertible debentures getting injected in between.

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