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Indian Hume Pipe Company on Monday signed a Memorandum of Understanding with Kalpataru Gardens Pvt Ltd, the Developer, (a wholly-owned subsidiary of Kalpataru) for development of the company’s land at Vadgaon, Pune. The company has given the Power of Attorney to the Developer for obtaining approvals, sanctions, permissions and NOCs relating to the project. Shareholders will closely monitor the execution and further development of the project.
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