Brief: India's Mercator launches share sale to institutions

Jan 11 (Reuters) -  
    * India's Mercator Ltd  MRCT.NS  launches qualified 
institutional placement 
    * Mercator sets floor price for qualified institutional 
placement at 42.80 rupees per share 
    * Company may offer a discount of not more than 5 percent on 
the floor price for the QIP 
 
 
 ((suvashree.dchoudhury@thomsonreuters.com;))

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