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Bheema Cements has informed that the shares allotment committee at its meeting held on January 04, 2013 has allotted 23,725 equity shares of Rs. 10 each at a premium of Rs. 78 each and 43,491 0% Cumulative Redeemable Preference Shares of Rs. 100 each at par to Banks against Funding of Interest on Term Loan as per CDR Package.

The above information is a part of company’s filings submitted to BSE.

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SEBI Registered: Investment Adviser - INA000013323