Date:01/08/11,
M&A,
Domestic Deal,
ICICI Bank Ltd acquires 29.30% stake in GTL Ltd, after taking over 28.5 million shares pledged by GTL Ltd & promoter – Global Holding Corporation Pvt Ltd. Manoj Tirodkars Global Holding Corp pledged 99.1% of its 52.18% stake (50.75 million shares) to the lenders.
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