M & M today released an open offer according to a revised propose to get 20percent

M & M today released an open offer according to a revised propose to get 20percent extra stake in EPC Industries, a micro-irrigation company from public_shareholders according to a revised schedule.

The firm mentioned on filing with BSE, the open offer price is actually set at Rs 66.55 for each share and also the firm will get 34.52 lakh stocks of Rs 10 every will end on 9th August, 2011.

Mahindra mentioned that the acquisition of EPC was section of its diversification method in the farming business. Micro irrigation is usually a water efficient technologies which decreases the utilization of the natural resource, although enhancing the productivity in agriculture.

Be Sociable, Share!
Tags: ,

Stock Market Basics For Beginners

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 ...…

Definition For Lock In Profits

Definition For Lock In Profits Realizing the profits of a position, like buying a share, through exiting at a gain. By locking in, that part of the investment is not ...…

Who controls the Securities Market?

Who controls the Securities Market? The responsibility for controlling the securities-market is shared by DEA (Department of Economic Affairs), DCA (Department of Company Affairs ), RBI (Reserve Bank of India ...…

Why Do I Need To Take Investment Risk?

Why Do I Need To Take Investment Risk? [ad name="468x15- 5 link"] While most evident when markets are falling, threat is ever-present. However, it’s not something you want to avoid totally because without risk, ...…

Balance of Trade

Balance of Trade [ad name="468x15- 5 link"] Balance of Trade (BoT) indicate different in value, in a period of time, between a country’s imports and also exports of ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics