Cos make open offers worth Rs 2,569 cr
Agencies: New Delhi, Nov 20 2012, 17:52 IST
three public offers worth Rs 102 crore were made for consolidation of holdings and three others to acquire substantial quantity of shares without acquiring management control which were valued at Rs 8 crore.
The month did not see any open offers with regard to change in control of management in a company.
Nine companies also closed their open offers during the month.
In September last year, three open offers were made for a total amount of Rs 468 crore. In the first half of 2011-12 (From April to September 2011), a total of 23 offers were made for Rs 2,244 crore.
In the entire 2011-12, a total of 71 offers were made for Rs 19,305 crore.
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