Financial Daily from THE HINDU group of publications
Tuesday, Jun 08, 2004
Financial Daily from THE HINDU group of publications Tuesday, Jun 08, 2004 |
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Markets
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Stock Markets D-Link Holding acquires shares in Indian entity Our Bureau
Mumbai , June 7 D-LINK Holding Mauritius acquired a total of 28,158 shares from the open market on June 4, according to a notice given by D-Link (India) Ltd to the Exchange. The transaction is part of the proposed increase of foreign equity of D-link Corporation, Taiwan, and its subsidiaries in D-Link (India). In a letter, dated January 15, the Foreign Investment Promotion Board unit and the Department of Economic Affairs had approved the proposal, the notice said. The total shareholding of D-Link Corporation, Taiwan, and its subsidiaries has increased to 1,08,98,437 from 1,08,70,279. The percentage has increased to 36.32 per cent from 36.22 per cent. D-Link Holding Mauritius holds 1,08,98,437 shares, which accounts for 36.32 of the share.
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