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Bright Star Shrugs Off Hc Order On Vst Offer

BUSINESS STANDARD

In an apparent defiance of the Andhra Pradesh High Court order, ASK Raymond James, advisor to the Damanis-promoted Bright Star Investments, through a press release issued on Monday, has urged shareholders to subscribe to the open offer for VST Industries. The high court had last week stayed the open offers from both Bright Star and Russell Credit.

Bright Star is expected to publish an advertisement on Tuesday asking the VST shareholders to

 

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First Published: Jun 12 2001 | 12:00 AM IST

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