At 11:57am (IST), Shares of Dish TV have plunged by over 11% to Rs47.7. Shares of Dish TV have plunged by over 11% to Rs47.7 after the promoter of the company offloaded ~65.88mn shares of the company on the BSE and the NSE at average price of Rs49 per share. The shares were transacted i…
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Promoters forfeit Rs 1k cr as warrants lapse
Posted on: May 8th 2009 in Press Releases.
MUMBAI: Promoters and investors in 50 companies, who did not convert their warrants into shares to avoid losing money, have forfeited more than Rs 1,000 crore they paid at the time of allocation, according to data collated by ET. …
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