Novopan is , now , issuing Equity shares to GVK Projects And Technical Services Limited at Rs. 10 Premium ( @ Rs. 20 ) in conversion of Compulsory Convertible Preference Shares ( CCP ) and loans.
Post conversion ,Promoters holding would rise to 97:69 % ( from current 92 : 45 % )
General Warning : in Shares Can be Injurious to Your WEALTH
Caution :The blog writer has personal/ family members' holdings in this company , so please make suitable "provisions " for likely over optimism
( NB : All information given in . Please recheck all facts. No responsibility taken by this author / blog . )