Business Standard

Disa India tanks on promoter stake sale report

DISA Holding A/S has proposed to sale 173,483 equity shares representing 11.49% stake of the company through offer for sale route.

Related News

has tanked 10% to Rs 2,460 after the company said that its promoter - Disa Holding - has proposed to sell over 10% stake of the company through offer for sale route on the Bombay Stock Exchange (BSE).

“DISA Holding A/S has submitted a notice of Offer for Sale an aggregate of up to 173,483 equity shares of face value of Rs 10 each of Disa India aggregating to 11.49% of the total paid up share capital of the company,” Disa India said in a statement.

The sale shall take place at the separate window of the BSE shall commence on November 20, 2012 at 9.15 a.m. and shall close the same day at 3.30 p.m. Indian Standard Time, it added. Currently, promoters hold 86.49% stake in the company.

The stock opened at Rs 2,525 and hit a low of Rs 2,323 on the BSE. Around 700 shares have changed hands on the counter in opening deals.

Read more on:   
|
|

Read More

BSE launches carbon index

Premier bourse BSE, in collaboration with the UK government, today launched BSE Carbonex, the first-of-its-kind index in India or any emerging market ...

Quick Links

 

Market News

UP sugar cane allocation meetings next month

Private mills to abstain from meetings like last year

FTIL sells 5% stake in MCX, completes exit

FTIL's exit is expected to provide respite to MCX, which has been struggling to secure approvals for its contracts

Today's picks- 27 August 2014

Nifty, Bank Nifty, DLF, PowerGrid & Jindal Steel

Spices Board invites EoI for cardamom auction

In 2007 the Spices Board revolutionised the E-auction system for small cardamom by introducing electronic auction

FIIs' Sensex ownership hits record high of 22.5% in June quarter

Top three stocks by value owned by FIIs remained the same -- HDFC, ICICI Bank and Infosys

Back to Top