Financial Daily from THE HINDU group of publications Friday, Sep 03, 2004 |
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Markets
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Stock Markets e-Serve staff trust, Alliance Capital sell shares thru tender Our Bureau
Mumbai , Sept. 2 E-SERVE International Ltd has informed that Alliance Capital Mutual Fund has sold 6,40,657 shares, amounting to 5.17 per cent of the voting rights of the company, on August 23. The mode of sale was through tender of shares and the shareholding post-sale is nil. Also, e-Serve International Ltd Employees Welfare Trust has sold 8,36,640 shares, amounting to 6.75 per cent of the voting rights of the company, on August 26, it said in a notification to the NSE. The shareholding post-sale is nil. The e-Serve trust had purchased the shares on June 30 through the scheme of amalgamation.
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