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Earlier in the day, two sources said the infrastructure company cancelled a share sale due to poor investor demand even after slashing the size by four-fifths to $100 million.
The firm had launched a $500 million share sale on Monday amid a flurry of equity offers by Indian firms worth nearly $2 billion.
Shares in GMR Infra extended losses and were down 8.76 at Rs 141.70 in a weak Mumbai market.


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