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Panacea Biotec informs about outcome of Board Meeting

Date: 02-08-2014

Panacea Biotec has informed that the Board of Directors of the Company at its meeting held on August 01, 2014, to raise funds by way of issue of equity shares and/or other securities, etc. aggregating upto Rs. 250 Crore or equivalent thereof in any currency, subject to approval of the Shareholders.

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