Lotte India @ Rs.507- Preferential Issue to Promoters
Lotte India Corporation Limited would be issuing 13 Lakh 50,000 shares @ Rs. 507 ( total investment $ 10 million ) to its Promoters Lotte Confectionery Co. Limited ( of S. Korea ) .
Then the Share Capital would increase to around Rs.10 crore 84 lakh or 10842021 shares of Rs. 10 each.
Then the Promoters stake would increase from the current 98:38 % to 98:57 %
Lotte India after a Reverse Book Building process the share was
delisted w.e.f. 24-07-2009 @ Rs. 540/-. /-
For More on Lotte India , please click :-
Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism
NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this Blog or Blog Writer