Thursday, 11 July 2013
Rekha Jhunjhunwala Acquires Additional Stake In Kesoram
Rekha Jhunjhunwala has acquired additional shares in Kesoram Industries through rights issue.Prior to the subscription of the issue, Rekha had held 15 L share of the company. She bought 60L shares hiking her stake to 6.832% from 3.279%.The company had recently offered its shareholders to buy additional shares in the ratio of 7:5 at Rs 65 apiece. Through rights issue, a firm allows existing shareholders a right to buy additional shares in the
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