Great Offshore’s VC and MD Vijay Sheth pledged a 14.89% stake with two Bharati Shipyard group companies for a Rs 200-crore loan to clear some of his dues. "We have decided to acquire the pledged shares and hold it as a strategic long term investment," Bharati Shipyard MD P C Kapoor said. Bharati has acquired the shares at Rs 315 a piece, translating into Rs 174 crore.
Read More
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment