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INDIA'S ADITYA BIRLA ACQUIRES 76% STAKE IN APOLLO SINDHOORI.
MUMBAI, March 2 Asia Pulse - Diversified Indian conglomerate Aditya Birla Nuvo on Friday said it has acquired an additional 20 per cent in retail broking firm Apollo Sindhoori Capital Investments (BSE:590049) for over Rs 710 million (US$13.9 million), hiking its total stake to 76 per cent.
In a filing to the Bombay Stock Exchange, Aditya Birla Nuvo said pursuant to the open offer the company holds 42.1 million shares, representing 76 per cent stake of the company.
Earlier last year, Aditya Birla Nuvo had acquired 56 per cent stake or over 31 million shares of the retail broking firm for a consideration of Rs ...
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- News wire article from: PTI - The Press Trust of India Ltd. February 21, 2008 700+ words
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Aditya Birla Nuvo to buy 56 pc in Apollo Sindhoori Mumbai, Aug 28 (PTI) Aditya Birla Nuvo, a part of Aditya Birla group...crore. The board of directors of Aditya Birla Nuvo at its meeting today, have approved...
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MUMBAI, July 31 Asia Pulse - Aditya Birla group company, Aditya Birla Nuvo Ltd (BSE:500303), a manufacturers of viscose filament yarns, today posted a net profit of Rs...