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Vishwanath Sugar files for Rs 374 cr IPO

Reuters/Mumbai 16 Jan 12 | 01:37 PM

Vishwanath Sugar and Steel Industries Ltd said on Monday it filed for an initial public offering to raise Rs 374 crore

The company, based in Belgaum, Karnataka, produces sugar, alcoholic spirits by distillation including ethanol, blending and bottling of indian made foreign liquor and generation of power, it said in a statement. Ashika Capital Ltd is the lead manager to the issue.

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