BOC promoter offers to buy 20 % from shareholders
German promoter of industrial gas equipment maker BOC India Ltd has offered to buy 20 percent in the company from its shareholders at 165 rupees each. Deutsche Equities India Ltd has made an announcement of an open offer according to media reports...
By Agencies |
MUMBAI: German promoter of industrial gas equipment maker BOC India Ltd has offered to buy 20 percent in the company from its shareholders at 165 rupees each. Deutsche Equities India Ltd has made an announcement of an open offer according to media reports on Tuesday on behalf of BOC Group Plc, BOC Holdings, Linde Holdings Netherlands BV and Linde Finance BV.
In December, BOC issued 36.2 million shares to Linde AG and or its wholly-owned subsidiary raising its holding in BOC to 73.99 percent from 54.80 percent. Upon completion of the offer, if accepted fully, the promoter group would hold 93.99 percent in BOC, the announcement said.
In December, BOC issued 36.2 million shares to Linde AG and or its wholly-owned subsidiary raising its holding in BOC to 73.99 percent from 54.80 percent. Upon completion of the offer, if accepted fully, the promoter group would hold 93.99 percent in BOC, the announcement said.
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