Business Daily from THE HINDU group of publications
Thursday, June 22, 2006

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

News Update as at 18.00 hrs (IST)

Corporate
Mayur Uniquoters to allot 26 pc equity stake to Italian Co

MUMBAI: Artificial leather manufacturer, Mayur Uniquoters Ltd on Thursday said it will allot 26 per cent of equity shares to Italy-based Giovanni Crespi Spa (GCS) on a preferential basis.

The equity shares would be allotted at a price of Rs 45 per share, subject to shareholders approval, the company informed the BSE.

The board of directors at its meeting held on June 20, also proposed to increase the authorised share capital to Rs 7 crore from Rs 5.5 crore by creating 15 lakh additional equity shares, it added.

The share of the company was trading at Rs 36.70, up 1.10 per cent on the BSE. - PTI

Prev: M&M looks at Tamil Nadu for manufacturing Ingenio
Next: JK Lakshmi Cement to raise Rs 75 cr via shares, warrants


Business Line | NUS Index |


In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Gold scaling new highs
More

In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
More


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