The promoters of Vaibhav Gems have acquired nine million shares for Rs 37.57 crore through their open offer. The voluntary open offer was made to consolidate the promoter group's holding, said the Jaipur-based company in a statement.
The promoter group which made the open offer include Ms Deepti Agrawal, Mr Rahimullah, Mr Nirmal Kumar Bhardiya and Shivam Properties. The open offer was made at Rs 41.75.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.