Stake Sale

Mahindra Gesco allots 6000000 Equity Shares at Rs.800



Posted On : 2006-10-11 05:11:32( TIMEZONE : IST )

Mahindra Gesco allots 6000000 Equity Shares at Rs.800

Mahindra Gesco Developers Ltd has announced that the Capital Issue sub Committee of the Directors of the Company at their meeting held on October 11, 2006 has done allotment of 6,000,000 Equity Shares of Rs 10/- each at a premium of Rs 790/- per equity share to the Qualified Institutional Investors under Chapter XIII-A of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000.

Source : Equity Bulls

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