• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

CHENNAI: Parry Agro has informed the Bombay Stock Exchange that it has decided not to proceed with the rights issue.

In February, the company had informed the exchange that its board approved a rights issue of one share for every six shares held. It planned to issue over 6.26 lakh shares of Rs 10 each for a maximum of Rs 150 a share.

According to sources in the know, the company has decided against the issue because of the time lapse. The company was to generate about Rs 9 crore.

More Stories on : Announcements | Rights Issue | Fertilisers

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

Stories in this Section
BPCL studying scope of leasing satellite for DTH

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