Entries Tagged 'open-offer' ↓

Balmer Lawrie VanLeer stock moved up smartly today on the open offer price news from Grief International Holding B.V. The company will buy 19.76 per cent stake in the Indian Company and has sought approval for delisting the stock from the exchanges. The Exit Price is determined as Rs. 70 per share through the Reverse Book Building Process as per the Guidelines The shareholders of Balmer Lawrie VanLeer can tender their shares at the Exit Price during the period commencing from December 28, 2007 and ending on January 11, 2008.

Telivision Eighteen (TV18) Open offer price has been annouced, the company is set to buy 20 per cent stake in Infomedia India Limited through open offer at a price of Rs. 237 per share in cash. Infomedia India Limited share holders who would like to surrender their shares under the open offer will be paid Rs. 237 per share in cash by TV 18. Investors should note that not all the shares surrendered by the investors will be accepted by Tv 18, if the total number of shares exceed 20 percent of the paid up capital of Infomedia Limited. TV18 Open offer date is not yet announced more information will be updated soon.

IndiaBulls Real Estate has acquired majority stake in Piramyd Retail, and the company has made this annoucement to the BSE and NSE. Indiabulls Real Estate has acquired around 64 per cent in Piramyd Retail promoted by the Ashok Piramal Group and has announced an open offer to acquire another 20 per cent at a price of Rs. 74.73 per share from the share holders of the company. Indaibulls Real Estate stock prices moved up firmly on the BSE based on the Acquisition news and the open offer.

Bajaj Electricals Open Offer Price has been annouced by the company which is fixed at Rs. 389. In an open offer to the public the promoters of the company will acquire 12 lakh equity shares from Bajaj Electricals Share Holders at the open offer price of Rs. 389 per share. Bajaj Electricals Open Offer opens on January 24, 2008 and closes on February 12, 2008.

Ranbaxy Laboratories in an annoucement made to the stock exchanges has informed that the company has fixed the open offer price for Zenotech Laboratories Shares at Rs. 160. It is previously known that Ranbaxy Laboratories has made an open offer to purchase the shares of Zenotech Laboratories from the share holders of the company who would participate in the Open offer. 

Garware Offshore Services Limited Buyback offer will open from 1st January, 2008 and will close on 21st January 2008. HSBC Securities and Capital Markets India will act on behalf of Indiastar Mauritius Limited to purchase the shares. The Mauritian Company will buy up to 4707799 paid up equity shares of Rs. 10 each at Rs. 230 per share from the share holders of the company which would represent around 20 per cent in Garware Offshore Services Limited.

SRF Polymers Board members in their meeting held yesterday has  fixed the offer price. Previously it is known that two companies named Bhairav and Narmada Farms have made an open offer to the SRF Polymer share holders. In the Board meeting held, the open offer price is fixed at Rs. 180 per share for the share holders who would like to surrender thier shares in the open offer. SRF Polymers Open offer will open on 17th Jan, 2008 and will close on 5th Feb, 2008.

SRF Polymers share price closed at Rs. 177.50 up 2.13 per cent on the BSE.