Financial Daily from THE HINDU group of publications
Thursday, Feb 12, 2004
News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

 Corporate - Preferential Allotments


Ashok Leyland may make pref offer to promoters

Our Bureau

Chennai , Feb 11

ASHOK Leyland may make a preferential offer of shares to its promoters, LRLIH Ltd of UK, as part of its efforts to raise $ 100 million from overseas markets.

The company has informed the stock exchanges the board's decision to issue GDRs or Foreign Currency Convertible Bonds to overseas investors, including the promoters.

The company has also informed the exchanges of the decision to split the Ashok Leyland stock.

More Stories on : Preferential Allotments | HCV/LCV/Tractors

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Ranbaxy launches liquid form of diabetes drug in US

Dubai Cable bags Delhi Metro contract
After 25 years, ICAI revises accounting norms `Preface'
Ashok Leyland may make pref offer to promoters
Zee Tele plans to raise $100 m through FCCBs
Dishman to tap market to support outsourcing
Hindustan Paper plans to convert wastes into energy
Ester Industries Q3 net at Rs 13.62 cr
Over 100 cos to participate in IIMB campus placements
Panel to look into sops for Dabhol revival
Marico banks on value-addition for growth
Corolla races ahead, but competition hots up
SABMiller CEO visiting India

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, 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