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Moneycontrol.com >> Message Board >> View Messages >> Jain Irrigation
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NSE Announcements on Jain Irrigation (1)   23-Apr-08 18:07Tracked by (0)  
Posted by:   MMB Messenger on ( 23-Apr-08 18:07 )
Price : [Jain Irrigation - BSE:Rs. 629.25 NSE:Rs. 630.20 when posted]
Jain Irrigation Systems Limited has informed the Exchange that Jalgaon Investments Pvt. Ltd. (member of Promoters Group represented by Shri Ashok B Jain) proposes to acquire 8,41,000 shares aggregating to 1.17% of the shares/voting rights of Jain Irrigation Systems Limited from Shri Atul B Jain. The mode of proposed acquisition is by way of Inter-se Promoter Transfer and the date of proposed acquisition is April 28, 2008. The proposed acquisition price per share: Proposed to be an off market transaction. The shareholding of Jalgaon Investments Pvt. Ltd. (member of Promoters Group represented by Shri Ashok B Jain) after the proposed acquisition would be 11,296,000 shares aggregating to 15.66% of the shares/voting rights of Jain Irrigation Systems Limited.
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