Financial Daily from THE HINDU group of publications
Wednesday, May 26, 2004
Financial Daily from THE HINDU group of publications Wednesday, May 26, 2004 |
||
|
|
||
|
Corporate
-
Preferential Allotments Matrix Labs allots shares to foreign funds Our Bureau
Hyderabad , May 25 THE board of directors of Matrix Laboratories Ltd, has allotted equity shares in favour of two foreign funds on a preferential allotment basis. At a meeting held on Tuesday, the board allotted 11,25,000 equity shares of Rs 10 each to India Newbridge Investments Ltd, an investment vehicle of Newbridge Capital, at Rs 1500 per share. The board also allotted an equal number of shares at the same price in favour of Maxwell (Mauritius) Pte Ltd, an investment vehicle of Temasek Holdings Pvt Ltd. The company said its board had also adopted a resolution reconstituting various board committees - audit committee, remuneration committee, investors grievance committee, share transfer committee and share allotment committee.
More Stories on : Preferential Allotments | Pharmaceuticals | Foreign Institutional Investors
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
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
|