Financial Daily from THE HINDU group of publications
Friday, Jan 21, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Markets - Rights Issue


HBL Nife EGM for rights issue

Our Bureau

HYDERABAD: HBL Nife Power Systems has informed the stock exchanges on Thursday that an extraordinary general meeting would be held on February 10 for seeking the approval of shareholders for the proposed rights issue and hike in authorised capital.

It proposes to allot 13.38-lakh equity shares of Rs 10 each for cash at a premium not exceeding Rs 90 per share on a rights basis to the existing shareholders whose names appear on the register of members on date to be determined by the board.

It also proposes to increase its authorised share capital from Rs 21 crore to Rs 25 crore by creation of 40-lakh equity shares of Rs 10 each and accordingly amending articles and MoA.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
HDFC Mutual plans multi cap fund


Bears prevail
Tobacco stocks up on SC ruling
BOC India up on growth potential
Futures trading in cocoons, raw silk launched
SEBI mulls altering takeover code
Select large-cap stocks recover after a bad start
HBL Nife EGM for rights issue


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, 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