Basant Kumar Birla is 95 years old and still Chairman of Kesoram , others
It appears , ECE Industries Limited , would be given to Basant Kumar Birla's son -in-law Prakash Kumar Mohta who , now , holds , around 66:78% of ECE Industries 's equity.
ECE Industries has decided to Delist.
A Reverse Book Building procedure would be followed . Floor Price Rs. 202/56 p
Official website of ECE Inds :-
ECE Industries Limited is a well known Business House and a part of the B.K. Birla Group, having its head quarters at New Delhi. We are a leading engineering and technology company engaged in the Manufacture of Several Products Namely Elevators, Power Transformers, HT Switchgears etc.
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 good faith. Please recheck all facts. No responsibility taken by this author / blog . )