Blackstone acquires 50.1% stake in Gokaldas Exports for USD 165 million.If open offer successful, value of transaction will be USD 165 m(Rs 275/share). The price of transaction is at 20% premium to today’s closing price. The promoter holding in Gokaldas Exports will go down from 70% to 20%
Entries Tagged 'Announcements' ↓
Blackstone acquires 50.1% stake in Gokaldas Exports
August 20th, 2007 — Announcements
Sunil Hitech Engineers Ltd bags order worth Rs 111 Crores
August 14th, 2007 — Announcements
According to the announcement made to BSE exchange on Tuesday,Sunil Hitech Engineers Ltd has informed that the Company has bagged following projects amounting to Rs 1117.50 Millions and the execution period for these contracts is about 18 months.They are awarded Structural fabrication, erection works including supply of steel by M/s. JSW (Ratnagiri) Ltd
Pratibha Industries Ltd bags Rs 137.70 crore order from IDA
August 14th, 2007 — Announcements
Pratibha Industries Ltd has secured a contract from Indore Development Authority, Indore for a road construction project. The project is in joint venture with Niraj Cement Structurals Ltd.The total value of the contracts is Rs 137.70 crores.
Sterlite Optical bags order from BSNL
August 14th, 2007 — Announcements
According to the announcement made to Bse on Tuesday,Sterlite Optical Technologies said it has bagged a Rs 38 crore order from Bharat Sanchar Nigam Ltd (BSNL) for manufacturing and supplying optic cables.
The company has received the contract from BSNL to make and supply high fiber count ribbon fiber optic cables which would be used for laying a pan-India network by the state-run telecom operator.
The supplies would be completed within the next six months, Sterlite Optical said in a filing to the BSE.
Real Strips to allot shares on Preferential basis
August 14th, 2007 — Announcements
Real Strips, informed that the members at the extraordinary general meeting (EGM) of the company held on Aug.14, 2007 have passed the resolution for the allotment of 500,000 equity shares of Rs 10 each at a price of Rs 47 on preferential allotment basis.
The company reported a steady growth in net profit for the quarter ended June 2007. During the quarter, the company experienced 16.86% rise in profit to Rs 8.11 million from Rs 6.94 million in the corresponding quarter last year.
Net sales for the quarter ended June 2007 rose 39.06% to Rs 216.21 million compared with the corresponding quarter, a year ago.