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With reference to the earlier announcement dated December 31, 2007, Indiabulls Financial Services Ltd has informed BSE that the Company has entered into a Joint Venture Agreement with Sogecap, the life insurance subsidiary of Societe Generale of France for its upcoming life insurance venture. The Company together with its promoters / associates will hold 74% while Sogecap will hold the remaining 26% in the JV.

Tags: Indiabulls Financia

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