Shares of Anjani Portland Cement will be in demand after Chettinad Cement Corporation has made on open offer to acquire a maximum of 47.81 lakh shares (26 per cent) in it. Chettinad Cement has offered ₹61.75 a share to the shareholders of Anjani Portland Cement. The offer price will be paid in cash. The Anjani Portland stock on Wednesday closed at ₹55.45, down 3.65 per cent over the previous day's close. Shares of Chettinad Cement got delisted from the exchanges last year.
Open offer to buoy Anjani Portland
Published on
March 12, 2014 15:53
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