Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Union Budget
Budget 2011-2012 Home
Industry Expectations - Budget 2011-2012
Industry Reactions - Budget 2011-2012
Budget 2010-2011
Budget 2010-2011 Home
Industry Expectations - Budget 2010-2011
Industry Reactions - Budget 2010-2011
Contributor's Corner
Bonanza Portfolio
Hemant K Gupta
Krish Bhatt
Trinity Investments
Exchange Information
BSE 2009 Holidays
NSE 2009 Holidays
Investor Guide
Depository & Dematerialisation
Grievance Redressal
Investor Guide
Trading of Securities
Transfer of Securities
Your Rights
Budget 2009-2010
Budget 2009-2010 Home
Industry Expectations - Budget 2009-2010
Industry Reactions - Budget 2009-2010
Interim Budget 2009-2010 Home
Industry Expectations - Interim Budget 2009
Budget 2008-2009
Railway Budget 2008-2009
Industry Expectations - Budget 2008
Union Budget 2008-2009
Highlights of Budget 2008-2009
Summary of Budget 2008-2009
Industry Reactions - Budget 2008
Current IPOs
Past IPOs
IPO Subscription
Mutual Funds
Gold Exchange Traded Fund
MF Unique Holding
Forthcoming Dividends
ELSS Schemes Comparison
Tax Plans
New Fund Offers
Market Whispers
Tax Planning
Equity Linked Savings Scheme
Post Office MIS
9% GOI Senior Citizens Savings Scheme
8% Savings (Taxable) Bonds
Kisan Vikas Patra
National Savings Certificate
Public Provident Fund
Stock Report

| More
Open Offer for Welspun Syntex at Rs.13

Prime Securities Ltd ("Manager to the Open Offer") has announced Open Offer for acquisition of upto 1,02,02,288 (One Crore Two Lacs Two Thousand Two Hundred Eighty Eight Only) Equity Shares of Welspun Syntex Ltd ("Target Company") from the Public Equity Shareholders of the Target Company representing 26% of the Post Conversion Equity Share Capital of the Target Company as of 10th Working day from the Closure of the tendering period under this Offer by Krishiraj Trading Ltd ("Acquirer") along with Welspun Mercantile Ltd ("Person Acting in Concert" or "PAC"), in accordance with Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("SEBI (SAST) Regulations").

The Offer Price is Rs. 13.00/- (Rupees Thirteen Only) per fully paid up Equity Share.

The Welspun Syntex Ltd stock closed the day at Rs.13.48, up by Rs.0.55 or 4.25%. The stock hit an intraday high of Rs.13.50 and low of Rs.13.05.

The total traded quantity was 0.61 lakhs compared to 2 week average of 1.43 lakhs.

Source: Equity Bulls

Posted On: 2012-12-08 21:02:49

Click here to send ur comments or to

Other Headlines:

CORE Education & Technologies receives approval for CDR Proposal
Credit Analysis and Research Ltd Board declares Special Dividend of Rs. 65 for 2014-15
Mr. Guy Crawford steps down from Indian Hotels Company Ltd Board
KSS Ltd Opens Miniplex at Hoshiarpur
Sea Gold Infrastructure Ltd Secures a sub-contract in the State of Karnataka
Mrs. Sudha Madhavan resigns as CFO of Tata Elxsi Ltd
Greaves Cotton Ltd closes construction equipment business plant
Maharashtra Corporation Ltd Fixes Book Closure for Stock Split
NBCC signs MoU with NAWADCO for development of waqf properties
Strides Arcolab Ltd partners with Gilead Sciences Inc to produce Hepatitis C drug
Cipla enters into licensing agreement with Gilead Sciences for Hepatitis C drug
Sequent Scientific signs licensing agreement with Gilead Sciences, Inc for new Hepatitis C drug
Sudden increase in imports shuts down Dhunseri Petrochem & Tea Ltd's plant
Delisting Offer for DIC India Ltd announced
K S Oils Ltd Clarifies on asset sale
L&T Construction secures new orders worth Rs. 2050 Crores
Venu Srinivasan resigns from Oriental Hotels Ltd
Chromatic India Ltd appoints Director
Honda Siel Power Products Ltd appoints Director
Director resigns from Innoventive Industries Ltd
Interworld Digital Ltd plans to revive its ecommerce business
Nitesh Estates Ltd clarifies on buying Pune Mall
Autoline Industries Ltd approves divestment of US subsidiary for $8.5 million
Jubilant Life Sciences Ltd appoints Director
Dabur India Ltd Board declares Interim Dividend of Rs. 1.25 for 2014-15
Man Industries (India) Ltd Updates on Scheme of Arrangement
GAIL makes available Alternate Gas to Industrial Consumers in Gujarat in lieu of APM gas diverted to PNG & CNG Sectors
ZF Steering Gear India Ltd appoints Additional Directors
Archies launches revamped online portal
Odisha Governtment recommends use of Shiva Cement' Sumangal brand
Sadbhav Engineering Ltd gets Rs. 79.01 crore order from Sardar Sarovar Narmad Nigam Ltd
RPP Infra Projects bags new order worth Rs. 55.2 crores in UP
IL&FS Transportation Networks Ltd Spain arm gets order for construction of Ambo-Wolliso Road Upgrading Project
Uniply Industries Ltd appoints Additional Director
Svam Software Ltd appoints Additional Director
Southern Online Bio Technologies Ltd approved demerger of ISP division
Persistent Systems Ltd to acquire Pune based company Altizon Systems
SPEL Semiconductor Ltd appoints additional directors
Mastek Limited to demerge Insurance Products and Services Business into a separate listed company
Dynamatic Technologies Ltd appoints merchant bankers for QIP
CARE reaffirms CARE BBB Credit Rating to Cords Cable Industries Ltd
Autoline Industrial Parks Limited gets 'Locational Clearance' from Urban Development Department, Government of Maharashtra
Pudumjee Pulp & Paper Mills Ltd to evaluate alternatives for re-structuring
Open Offer for ZF Steering Gear India Limited at Rs. 439
CARE updates on Book Closure
Maxheights Infrastructure Ltd Fixes Book Closure for Interim Dividend & 33rd AGM
Commercial Engineers & Body Builders Co Ltd Fixes Book Closure for 34th AGM
Intellvisions Software Ltd Fixes Book Closure for 2013-14 AGM
Dhyana Finstock Ltd Fixes Book Closure for 2013-14 AGM
Innoventive Venture Ltd Fixes Book Closure for 29th AGM


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2014