Market news

| | Updated on: Apr 28, 2011
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Jyothy Laboratories Ltd has said that it had purchased 14.9 per cent stake in Henkel in March and has also participated in the bid to acquire Henkel AG and Co's 50.97 per cent stake in Henkel India Ltd. However, as of date, it was awaiting the outcome of the bid. All reports appearing in the media are speculative in nature and when any deal is finalised the stock exchanges will be informed.

Manappuram General Finance & Leasing Ltd's board of directors on April 28 recommended bonus issue at 1:1 ratio.

Somi Conveyor Beltings Ltd has installed a new manufacturing facility at its plant at Tahawara, Jodhpur district in Rajasthan expanding its production capacity from 4,50,000 metres to 9,00,000 metres.

Published on April 28, 2011

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