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GMR Infrastructure plans stock split…..
The shareholders passed a resolution regarding the stock-split at the 13th annual general meeting (AGM) today, GMR Infrastructure said in a filing to the Bombay Stock Exchange (BSE). · The shareholders also approved re-appointment of Uday M Chitale, Udaya Holla, Srinivas Bommidala and Kiran Kumar Gandhi as independent directors. · The shareholders ratified appointment of [...]
NHPC IPO issue over subscribed….
According to the data available on the National Stock Exchange website, the NHPC IPO has been subscribed 1.05 times. The issue of 167.73 crore shares received 175.81 crore bids with 5.67 lakh bids made at cut-off price. · According to sources, local banks, insurance companies and foreign institutional investors have subscribed to the issue. Most [...]
NHPC IPO issues open on 7th August & closes on 12th…
NHPC Limited, a Mini-Ratna Category-I public sector undertaking and hydroelectric power generating company, has fixed the price band between Rs 30 and Rs 36 per equity share for its initial public offering (IPO) of 1,67,73,014 equity share of Rs 10 each for cash at a price to be decided through a 100 per cent book-building [...]
Adani Power 3000 crore IPO fixed between Rs.90-100
The Adani Power Ltd IPO closed on Friday, having been over-subscribed over 21 times. The Rs 3,000 crore issue, the second biggest public · offer after that of Reliance Power in 2008, attracted good investor response and received commitment worth of Rs 63,000 crore from all categories of investors. · According to sources, the portion [...]
Adani power IPO subscribed 21.64 times….
Adani Power initial public offering (IPO) witnessed huge investors’ interest and was subscribed 21.64 times. The issue received bids for more than 538 crore shares as against the issue size of 30,16,52,031 shares, as per the data available on the NSE website. Qualified institutional investors have given strong response to the issue and their reserved [...]
Glodyne Technoserve recommendes bonus issue of equity share…
The board of Glodyne Technoserve has recommended bonus issue of equity shares in ratio of 1 equity share of the company of Rs 10 each for every 1 equity share of the company held by the shareholders of the company. This was recommended at the board meeting held on 30 June 2009.
GEE recommendes second bonus issue 1:4 after jan 1:5 Issue…
At the time of announcing results, the board of directors of the company recommended a 1:4 bonus. This is the second bonus issue from GEE in 2009. The company had issued a 1:5 bonus in January 2009. On BSE, 18,030 shares were traded in the counter. The stock had an average daily volume of 5,654 [...]
