Alfa Laval surged 8% and touched the 52-week high of Rs4,100 after the parent company, Alfa Laval Corporate AB, Sweden, has approved the delisting at Rs4,000 per share, a 40% premium to the offer price. The company had given an indicative offer price of Rs2,850 per share.
“In terms of Regulation 15(1) of the Delisting Regulations, the discovered price (being the price at which maximum number of equity shares have been tendered by the public shareholders in the Reverse Book Building) is Rs 3,000/- per equity share. The final price fixed by the promoter for accepting shares successfully tendered in the delisting offer is Rs 4,000/- per equity share,' the company said in a public announcements.
Insurance is the subject matter of solicitation | Max Bupa Health Insurance Co.Ltd. IRDA Registration No. 145 For more details on terms and conditions, exclusionsand waiting period, please read sales brochure of Heartbeat Health Insurance Policycarefully before concluding a sale. Maxbupa collects the information within thisad and is solely responsible for their use of it.
A combined around 25,000 shares have changed hands on the counter on the NSE and BSE.
....more info
“In terms of Regulation 15(1) of the Delisting Regulations, the discovered price (being the price at which maximum number of equity shares have been tendered by the public shareholders in the Reverse Book Building) is Rs 3,000/- per equity share. The final price fixed by the promoter for accepting shares successfully tendered in the delisting offer is Rs 4,000/- per equity share,' the company said in a public announcements.
Insurance is the subject matter of solicitation | Max Bupa Health Insurance Co.Ltd. IRDA Registration No. 145 For more details on terms and conditions, exclusionsand waiting period, please read sales brochure of Heartbeat Health Insurance Policycarefully before concluding a sale. Maxbupa collects the information within thisad and is solely responsible for their use of it.
A combined around 25,000 shares have changed hands on the counter on the NSE and BSE.
....more info