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    HomeNewsBusinessCompaniesAlfa Laval India to consider delisting on Sept 19

    Alfa Laval India to consider delisting on Sept 19

    Alfa Laval (India) Ltd said on Friday its promoter, Sweden-based Alfa Laval Corporate AB, will consider voluntary delisting of its Indian business from the Bombay Stock Exchange and the National Stock Exchange, in its board meeting on Sept 19.

    September 17, 2011 / 13:37 IST

    Alfa Laval (India) Ltd said on Friday its promoter, Sweden-based Alfa Laval Corporate AB, will consider voluntary delisting of its Indian business from the Bombay Stock Exchange and the National Stock Exchange, in its board meeting on Sept 19.

    The firm, which makes machinery for the food and beverages sector, said its promoters will also consider making a delisting offer to the shareholders to acquire up to 2.04 million shares of the firm, constituting 11.23% of the paid-up equity share capital.

    The promoters currently hold 16.1 million shares or 88.77% of the paid-up equity share capital, the company said in a statement to the exchange.

    first published: Sep 17, 2011 10:40 am

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