ITC Limited has bought the whole shareholding of Russell Credit Limited

ITC Limited has bought the whole shareholding of Russell Credit Limited. (totally managed subsidiary of the Firm) in Wimco Limited. (Wimco), comprising 9,12,38,170 equity stocks of Rs. 1/- each (i.e. 96.825% of Wimco’s equity stock capital).

Therefore, Wimco has turned into a direct subsidiary of the Firm with effect from Sep 29, 2011.

Be Sociable, Share!
Tags:

Stock Market Basics For Beginners

When Begins Investing

When Begins Investing [ad name="Banner 468 x 60 Text emage"] The quicker one begins investing the better. By investing very early a person allow investment funds a longer period ...…

Term Debt Instrument

Term Debt Instrument Debt instrument shows an agreement by which one party gives cash to another on pre-determined conditions with regards to rate as well as periodicity of ...…

Who determines the IPO price?

Who determines the IPO price? The regulators don't play a role in fixing the price for IPO issues. The firm determines the value or price band in discussion along with ...…

Definition for Bond

Definition for Bond A bond is a debt security issued for a period of more than one year with the purpose of raising capital by borrowing. The bonds ...…

Accelerated Vesting

Accelerated Vesting A kind of vesting which occurs at a quicker rate than the initial vesting schedule in the firm's share option plan. This enables the option ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics