Business Daily from THE HINDU group of publications
Tuesday, Aug 15, 2006
News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

 Markets - Stocks
Logistics - Overseas Borrowings
Logistics - Shipping
Varun Shipping recommends issue of securities

Our Bureau

Mumbai , Aug. 14

The board of directors of Varun Shipping, which met on Monday, has recommended issue of various securities through domestic and international offerings up to an amount of Rs 2,500 crore.

The board also recommended an increase in the limit of investment by the SEBI-registered FIIs and its sub-accounts in the company up to 49 per cent.

Another recommendation was delisting of equity shares from the Ahmedabad, Kolkata and Delhi stock exchanges.

More Stories on : Stocks | Overseas Borrowings | Foreign Institutional Investors | Shipping

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

Stories in this Section
BHEL bonus saga comes a cropper

El Forge to raise stake in UK co
Cybermate to hike capital
Varun Shipping recommends issue of securities
Bharati Shipyard back in focus
Acquisition talk boosts Mercator
Bull domination
Shipping cos gain on firm freight rates
SEBI slaps Rs 1-cr fine on Citigroup arm
`Asian market fundamentals look good'
All major indices end in positive territory
CSE scam accused trial soon

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 © 2006, 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