Business Daily from THE HINDU group of publications Thursday, Aug 14, 2008 ePaper | Mobile/PDA Version | Audio |
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Markets
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Announcements Coimbatore, Aug 13 Gangotri Textiles Ltd has informed that a meeting of the Board of Directors scheduled on August 14, for the purpose of deciding preferential allotment of shares to the promoters, has been deferred. Idea Cellular Ltd has said that pursuant to stock exchange’s in-principle approval for issue of 464,734,670 equity shares of Idea Cellular Ltd (Company) to TMI Mauritius Ltd on a preferential basis, the share issuance committee of the Board of Directors on August 13 has completed allotment of all the 464,734,670 equity shares of Rs 10 each at a price of Rs 156.96 a share against a receipt of an aggregate amount of Rs 72,944,753,803.20 representing the full subscription monies for these shares.
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