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DCIL to divest

CHENNAI, JAN. 17. Dredging Corporation of India Ltd. has informed the BSE that a meeting of the board of directors of the company is scheduled to be held on January 19 interalia to consider the proposed disinvestment through `Offer for sale' of 56 lakh equity shares by the Union Government out of its shareholding in the company, constituting 20 per cent of the paid up share capital of the company.

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