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Moneycontrol.com >> Messageboard >> Stocks >> Trent >> NSE Announcements on Trent
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NSE Announcements on Trent (1)   04-Nov-09 16:21Track this thread   Tracked by (0)  
Posted by:   MMB Messenger on ( 04-Nov-09 16:21 )
Price : [Trent - BSE:Rs. 658.20 NSE:Rs. 316.25 when posted]
Trent Ltd. has informed the Exchange that the Company has entered into definitive agreements on November 04, 2009 for (i) sale of 14,03,903 Equity Shares of Rs.10/- each, held by the Company in its unlisted Subsidiary Landmark Limited to TVS Shriram Growth Fund I for a consideration of around Rs.50 crores (ii) subscription by the Fund of a further 4,21,171 Equity Shares of Rs.10/- each in Landmark Limited at a consideration of around Rs.15 crores. Further, the Company has submitted to the Exchange a copy of the press release, dated November 04, 2009, titled "TVS Shriram Growth Fund I invests Rs.65 crores in Landmark Limited". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
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