Financial Daily from THE HINDU group of publications
Sunday, Dec 07, 2003
Financial Daily from THE HINDU group of publications Sunday, Dec 07, 2003 |
|
|
|
|
|
Corporate
-
Announcements Money & Banking - Life Insurance GMR plans investments in ING Vysya Life Our Bureau
Hyderabad , Dec. 6 GMR Technologies & Industries Ltd has informed the stock exchanges that following the decision taken by its board recently to enhance its investments in ING Vysya Life Insurance, the company has convened an extraordinary general meeting of its shareholders on December 30 to seek their approval for the proposed investment. The board has cleared a proposal to make investments in equity shares of ING Vysya Life Insurance Company Pvt Ltd which together with existing investments in the latterwould not exceed Rs 120 crore. According to the company, the board has also approved a resolution to make investment in or acquire equity shares of Sri Varalakshmi Jute Twine Mills not exceeding Rs 15 crore.
Article E-Mail :: Comment :: Syndication
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |
Copyright © 2003, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|