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ICEMAKE signed agreements with Japan's Galilei to raise ₹190 Cr via preferential issue.

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Ice Make Refrigeration LimitedICEMAKE · Filed with the exchange

Funds will be used for capacity expansion, modernization, and debt repayment.

They're also forming a 60:40 joint venture with Galilei to manufacture and distribute commercial refrigerators.

Read the original filing(PDF)

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