AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
FRONT PAGE: Punj Lloyd exits Pipavav Shipyard.
from BUSINESS LINE, March 30, 2010 Mumbai, March 29 - Punj Lloyd on Monday sold its entire stake of 19.43 per cent in Pipavav Shipyard (PSL) to its co-promoter, SKIL Infrastructure, for Rs 656 crore through an inter-se promoter transfer, only six months after Pipavav's IPO in September 2009.
The deal was done at Rs 50.75 a share. This is at a discount of over 20 per cent to the Monday's closing market price of PSL. The day saw the scrip close at Rs 69.50 a share, 8.9 per cent up from its previous close. SKIL Infrastructure, promoted by brothers Mr Nikhil and Mr Bhavesh Gandhi, currently holds 18.27 per cent in PSL. SKIL will also make an open offer to buy a further 20 per cent …
-
- Punj Lloyd mobilises Rs 413 cr for Gail pipeline.
-
News wire article from: Asia Africa Intelligence Wire
June 18, 2003
700+ words
-
- Punj Lloyd bags Rs 1,050-cr GMR highway project.
-
News wire article from: Business Line
December 29, 2011
700+ words
-
- Punj Lloyd venture bags Rs 142-cr order.
-
News wire article from: Business Line
June 22, 2006
700+ words
-
- Punj Lloyd acquires construction firm in Singapore for Rs 100 cr.
-
News wire article from: Business Line
June 3, 2006
700+ words
-
- CORPORATE: Punj Lloyd venture bags Rs 1,210-cr order.
-
News wire article from: Business Line
July 10, 2009
700+ words
