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D.S. Kulkarni's follow-on offer

HYDERABAD: D. S. Kulkarni Developers Ltd, a Pune-based construction company, is entering the capital market with a follow-on public issue of 55 lakh equity shares of Rs. 10 each for cash through the 100 per cent book-building route. The issue opens on April 25 and closes on May 3. The proceeds of the offer would be utilised to finance the company's ongoing and new residential and commercial real estate projects, Chairman and Managing Director, D. S. Kulkarni, said.

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