In today's trade, GTL advanced nearly 12%, touching the day's high of Rs37 and GTL Infrastructure gained over 10% and touched the monthly high of Rs9.28, in the early morning trade
GTL, said that the promoter shareholding in the company has been restored back to 52.66% of its paid-up capital, after ICICI and the promoters of GTL have agreed to withdraw all claims and litigation against each other.
'As informed by one of the promoters of the company, viz. Global Holding Corporation Pvt. Ltd (GHC), ICICI Bank has returned 28.5 million equity shares of the company (29.30% of the paid-up share capital) held by GHC which were earlier appropriated by ICICI as a result of the Invocation of the NDU/ Pledge,” the company said .
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GTL, said that the promoter shareholding in the company has been restored back to 52.66% of its paid-up capital, after ICICI and the promoters of GTL have agreed to withdraw all claims and litigation against each other.
'As informed by one of the promoters of the company, viz. Global Holding Corporation Pvt. Ltd (GHC), ICICI Bank has returned 28.5 million equity shares of the company (29.30% of the paid-up share capital) held by GHC which were earlier appropriated by ICICI as a result of the Invocation of the NDU/ Pledge,” the company said .
....more info