Higher stake in India
01 December 1997 00:00 [Source: ACN]
Engineering consultant Lurgi has applied to raise its stake in Indian subsidiary Lurgi India to 99.7%, up from its present 76%. The remaining shares will be held by the Lurgi India Welfare Benefit Trust. Lurgi is also planning to raise its paid-up capital from Rs1m (US$27 000) to Rs80m.
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