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1:1 bonus from Northgate Technologies

HYDERABAD: Northgate Technologies on Wednesday announced bonus shares of 1:1 and planned to raise funds up to Rs. 450 crore through global depository receipts (GDR)/foreign currency convertible bonds (FCCBs). The company would invest 60-70 per cent of the fund raised through the GDRs to enhance the capacity of its servers.

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