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Godrej & Boyce becomes holding co.

MUMBAI: Godrej Foods has informed the Bombay Stock Exchange that pursuant to the scheme of arrangement between Godrej Appliances, Godrej Capital and Godrej & Boyce Mfg Co., 33.51 lakh equity shares held by Godrej Capital in the company shall be transferred to Godrej & Boyce with effect from March 31. As a result, Godrej & Boyce Mfg Co has become a holding company of Godrej Foods.

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