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

Global rubber price below Rs 100 after a gap of 6 years

Bangkok market suddenly plunged by Rs 2 per Kg on Friday when OPEC nations decided to maintain the output at 30 million barrels per day

BSE cements place in top-10 league with Rs 100-trillion market cap

NSE ranks 11th in terms of market capitalisation of its listed companies

Bajaj Corp gains on board nod to hike in FII limit

The stock rallied 6% to Rs 334 on NSE after board approved to increase the FII limit from 24% to 49%.

Sensex, Nifty up 1%; bank shares zoom

The 30-share Sensex is up 333 points at 28,772 and the 50-share Nifty has gained 109 points to trade at 8,604.

As the shale dream fades, guar growers chase new markets

Food industry the best bet for Indian guar farmers

Back to Top