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

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

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

Click here to send ur comments or to

Other Headlines:

Transwarranty Finance Ltd receives approval from RBI for foreign investment limit
Petron Engineering Construction Ltd to approve 3rd quarter results on Feb 12, 2016
Jaiprakash Associates Ltd to announce Q3 results on Feb 13, 2016
Corporation Bank to announce Q3 results on Feb 12, 2016
India Motor Parts & Accessories Ltd to consider third quarter results on Feb 11, 2016
Elder Pharmaceuticals Ltd appoints Non-Executive Independent Directors
JM Financial Ltd Board declares Interim Dividend of Rs. 0.60 for 2015-16
Elder Health Care Ltd approves appointment of Directors
Bajaj Finserv Q3 net profit climbs to Rs. 437.29 crores
Bhushan Steel Ltd to approve Q3 results on Feb 12, 2016
The Ramco Cements Ltd Updates on Issue of Debentures
Kakatiya Cement Sugar & Industries Ltd approves appointment of Chairman & Managing Director
Manappuram Finance Ltd Board to consider Interim Dividend for 2015-16 on Feb 12, 2016
Capital Trust Ltd calls for Board Meeting on Feb 11, 2016
Gyscoal Alloys Ltd reappoints Directors
CCL Products (India) Ltd announces receipt of Awards
GMM Pfaudler Ltd Board declares Third Interim Dividend of Rs. 0.70 for 2015-16
Jammu & Kashmir Bank Ltd to approve Q3 results on Feb 11, 2016
Unitech Ltd to announce Q3 results on Feb 11, 2016
Maithan Alloys Ltd reappoints Directors
Gloster Ltd updates on fire accident at Jute godown in Bauria
TV Today Network Ltd appoints Sudhir Mehra as Independent Director
Neuland 9MFY16 income at INR 3,716.7 mn, up by 12% PAT at INR 197.8 mn, up by 96%
Redington (India) Q3 net profit up at Rs. 110.34 crores
Trident Ltd accepts resignation of Company Secretary
Religare Enterprises Ltd approves reappointment of Sunil Godhwani as Chairman & MD
Centrum Capital Ltd to consider quarterly results on Feb 12, 2016
Consecutive Investment & Trading Company Ltd announces demise of Director
JB Chemicals & Pharmaceuticals Ltd approves appointment of Director
Bajaj Finance Limited announces change in Chief Financial Officer
Religare Enterprises Q3 PAT zooms to Rs. 185.33 crores
APM Terminals Pipavav receives maiden RoRo vessel call from Höegh Autoliners
MoboMoney launches sound based contactless payments
Ecoreco set up E-Waste Collection Centers in Royal College, Mira Road
DHFL Pramerica Life Insurance (DPLI) signs multi-year cloud deal with Ramco HCM
Auto Expo 2016: Tata Motors launches its new SIGNA range of commercial vehicles
Dish TV India reports higher Q3 net profit of Rs. 68.49 crores
Gateway Distriparks Ltd announces Q3 results
BF Utilities Ltd to approve Q1 results on Feb 13, 2016
Dish TV India Ltd gets interim renewal for DTH license
TTK Healthcare Ltd appoints Director
Sun Pharma Advanced Research Company Q3 loss at Rs. 41.02 crores
Hindustan Copper Q3 PAT falls to Rs. 5.29 crores
Bajaj Finance Limited Q3 net profit up at Rs. 408.46 crores
Coal India Ltd to announce Q3 results on Feb 11, 2016
Aurobindo Pharma Ltd Board to consider Third Interim Dividend for 2015-16
Power Finance Corporation Ltd Board to consider Second Interim Dividend for 2015-16
Gateway Distriparks Ltd Board declares Interim Dividend of Rs. 4 for 2015-16
City Union Bank Ltd Opens 494th Branch at Nirmal in Telangana
Sakthi Sugars Ltd to approve financial results on Feb 13, 2016

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

disclaimer copyright © 2005 - 2014