S.Kumars Nationwide to issue 23,052,519 shares at Rs.78

S.Kumars Nationwide Ltd has announced that the Committee of the Board of Directors (CoD) of the Company at its meeting held on November 24, 2006, has allocated 23,052,519 Equity Shares of Rs 10/- each at an Issue Price of Rs 78 per Equity Share to Qualified Institutional Buyers in accordance with Chapter XIIIA of the Securities and Exchange Board of India (Disclosures and Investor Protection) Guidelines, 2000 as amended.

Source : Equity Bulls

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