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APPSIL
Has the open offer for ABB Power bypassed Sebi rule?Investors say the Rs 865.92 per share offered by ABB and Hitachi is Rs 124.27 less than the price calculated according to Sebi norms.- APPSIL to acquire up to 1.05 crore shares for Rs 917 crore under open offerThe company will pay an interest of Rs 14.92 per share on the offer price since March 30 and buy shares at a price of Rs 865.92 per equity ...
- ABB Power Products posts Rs 29.18 crore net profit for March quarterThe company follows January-December financial year.
- ABB Power Products may be a good bet to gain from open offerAs a part of the global deal, ABB India demerged its power grid business into a separate entity, called APPSIL.
- ABB India gets NCLT nod for demerger of power grid business to APPSIL"The Bengaluru Bench of the National Company Law Tribunal (NCLT) vide its order dated November 27, 2019 sanctioned the said Scheme involvin...
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