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21 Sep 07 United Breweries Rights Issue

United Breweries a Vijay Mallya (UB) group company has informed the stock markets today that the board of United Breweries (UB) will meet on 28 September 2007 to consider a rights issue. The United Breweries Rights Issue is expected to raise about 475 crores. After the rights issue announcement was made public, the shares of United Breweries soared by about 10% today.

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