Universal Facts

Universalfacts provides complete information of financial services which includes,,

Private Equity (Asset Managers)

Venture Capital

M&A

IPO

Funds (Private Equity Funds and Venture Capital Funds)

Deals

Strategic Investors

Limited Partners

Advisory Frims

Public Equity

Financial Statements, and Many More,,,,,

Monday, November 19, 2012

Promoters Of Disa India To Cut Stake Through OFS

Date:19/11/2012,
Public Equity,
Domestic Company, Announced Deal,

Disa India Ltd will offload around 11.45% of its equity or 1.73 lakh shares in the company to meet the minimum public shareholding norm of 25% by SEBI.

Promoter holding in the company stands at 86.49% stake currently and the sale will be done through Disa Holding A/S on November 20.
The stake dilution comes in the back of a guideline issued by the finance ministry in 2009 requiring listed companies to raise their public shareholding to 25% and SEBI had asked them reduce the promoter shareholding to a maximum level of 75% (excluding PSUs) by June 2013. 

Disa India develops and manufactures a complete range of metal casting production solutions for the ferrous and non-ferrous foundry industries.

Posted by Baigalla madhan at 2:08 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

About Me

Hyderabad, AP, India
HI I'am Baigalla Madhan behalf of (Universalfacts) My Blog, provides complete information of online financials data services which includes ,,, Private Equity (Asset Managers) (Investments), Venture Capital (Asset Managers) (Investments), M&A, IPO, Funds (Private Equity and Venture Capital Funds), Deals (Private Equity deals, Venture Financing Deals (series A to G), Strategic and M&A Deals), Limited Partners, Advisors Firms, Public Equity, Financials Reports...

Search This Blog