Adani Enterprises has said that it has acquired Adani Infrastructure Pvt Ltd (AIPL), which is yet to commence business operations. AIPL with an authorised and paid up capital of Rs5 lakh is a subsidiary of Adani Properties Pvt Ltd for development of infrastructure, a promoter group company. “The company has acquired 100% equity share capital of AIPL...The transaction is done at arm’s length basis...equity shares are acquired at a face value of Rs10 each,” the company said in a filing to the Bombay Stock Exchange.
For more information on stock market click here >> : www.marketmagnify.com
“A total of 50,000 shares were acquired,” the company said. AIPL was incorporated at Ahmedabad in Gujarat on 5 November 2015. Meanwhile, shares of the company were trading at Rs 102.80 apiece, down 0.82 % from the previous close at 09:29 hours on BSE.
“A total of 50,000 shares were acquired,” the company said. AIPL was incorporated at Ahmedabad in Gujarat on 5 November 2015. Meanwhile, shares of the company were trading at Rs 102.80 apiece, down 0.82 % from the previous close at 09:29 hours on BSE.
if you want to trade in Bullion Tips, commodity tips, Premium Services, Share Market Tips, Stock Future Tip, Gold and silver tips then with Epic Research help.
ReplyDelete