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SB&T Intl to acquire Mimansa Jewellery

MUMBAI: Jewellery exporter SB&T International Ltd on Monday said that it would acquire 100 per cent stake of Mimansa Jewellery Pvt. Ltd. The board of directors of the company has approved the scheme of acquisition by issuing five lakh equity shares of the company on a preferential basis to the existing shareholders of Mimansa according to SEBI guidelines, the company informed the Bombay Stock Exchange.

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