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UTI Venture Fund and APIDC invest in Four Soft

Hyderabad, October 14, 2003 -- Four Soft Limited on Tuesday announced an investment of Rs 7 crore by UTI Venture Fund for an undisclosed stake in the company. The Andhra Pradesh Industrial Development Corporation has also announced their investment of Rs 1 crore in the pre IPO private equity funding. Four Soft has achieved a Profit After Tax of Rs 4.16 crore for the half-year ended 30th September as per the un-audited results that have been announced.

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