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Vishal Retail to invest Rs.200 crore for 40 stores

Wednesday, 08 Aug 2007
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New Delhi-based Vishal Retail is planning a Rs.200 crore investment to set up 40 additional stores, mainly in Northern India.

For the project investment, Vishal Retail will use Rs.110 crore it raised through an IPO in early-2007, and will raise the remaining Rs.90 crore as debt from domestic financial institutions.

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