Citigroup, Reliance MF, HSBC, Morgan Stanley pick stake in Ganesh Housing at Rs.325

With reference to the earlier announcement dated February 14, 2007 regarding the Board of Directors of the Company at its meeting held on February 12, 2007, had allotted 70,00,000 equity shares of Rs 10/- each at a premium of Rs 315/- per share aggregating to Rs 227.50 crores to Qualified Institutional Buyers, Ganesh Housing Corporation Ltd has announced that, the details of which are given hereunder:

1. Citigroup Global Markets Mauritius Pvt Ltd : 1000000 no of shares allotted

2. HSBC Financial Services (Middle East) Ltd : 800000 no of shares allotted

3. HSBC Global Investment Funds A/c HSBC Global Investment Funds (Mauritius) Ltd : 1350000 no of shares allotted

4. India Emerging Opportunities Fund Ltd : 400000 no of shares allotted

5. Reliance Capital Trustee Co Ltd A/c Reliance Long Term Equity Fund : 800000 no of shares allotted

6. Deutcsche Securities Mauritius Ltd : 1000000 no of shares allotted

7. Morgan Stanley & Co International Ltd A/c Morgan Stanley Dean Writer Mauritius Company Ltd : 400000 no of shares allotted

8. Morgan Stanley & Co International Ltd A/c Morgan Stanley Investments (Mauritius) Ltd : 450000 no of shares allotted

9. Reliance Capital Trustee Company Ltd A/c Reliance Growth Fund : 800000 no of shares allotted

Source : Equity Bulls

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