Financial Daily from THE HINDU group of publications
Tuesday, Apr 02, 2002
Financial Daily from THE HINDU group of publications Tuesday, Apr 02, 2002 |
|
|
|
|
|
Home Page
-
Mergers & Acquisitions Corporate - Mergers & Acquisitions IFCI sells shares of Indo Rama Our Bureau
MUMBAI, April 1 IFCI Ltd has informed the Bombay Stock Exchange that it executed a negotiated deal today with Yield Securities & Credits Pvt Ltd for sale of 16,46,579 equity shares of Indo Rama Synthetics India Ltd (IRSL) (being 0.99 per cent of the paid-up capital) and with Virgin Securities & Credits Pvt Ltd for the sale of 16,46,580 equity shares of Indo Rama Synthetics India Ltd (being 0.99 per cent of the paid-up capital) at Rs 12.0445 per share. The company has informed that the deal is in terms of the share purchase agreement dated March 26, 2001 between IFCI and Mr O.P. Lohia, promoter of IRSL.
Send this article to Friends by E-Mail
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |
Copyright © 2002, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|