Gulshan Sugars Follow-on Public Issue price set at Rs.40

Gulshan Sugars & Chemicals Ltd has announced that the Board of Directors of the Company at its meeting held on October 20, 2006, inter alia, has considered and approved, the pricing of the proposed Follow-on Public Issue of the Equity Shares of the Company at Rs 40/- (Rs 8/- Face Value & Rs 32/- premium). The Board has further approved the other agenda items related to the Follow-on public issue.

Source : Equity Bulls

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