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It will be a mixture of primary and secondary issues of shares,” a fourth person familiar with the listing plans said. “Law firm Cyril Amarchand Mangaldas is acting as the counsel to the company, while law firm S Associates is advising merchant banks,” this fourth person added. After Sebi reviews the DRHP and shares its comments, Gland Pharma will have a one year window to launch the IPO.All the four individuals spoke to Moneycontrol on condition of anonymity.

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