**[investwise]** MARG Ltd receives a Rs 150 cr infusion from IDFC in Karaikal Port (WOS)

 

With reference to the earlier announcement dated April 06, 2010, regarding the receipt of Rs. 700 million towards / Equity / CCPS subscription, Marg Ltd has clarified to BSE that the above investment was made by India Infrastructure Fund (IIF) of IDFC in Karaikal Port Pvt. Ltd., a wholly owned subsidiary Company of MARG Ltd. Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.   Nothing in this article is, or should be construed as, investment advice.

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