Business Standard

Promoters on stake hiking spree

Image

Vandana Mumbai
Hindalco6.75 crore shares/warrants  Reliance Industries 12 crore warrants  Tata PowerNA  Trent5.85 lakh warrants  Temptation Foods35 lakh equity shares GE Shipping 5.05 million warrants Provogue18 lakh warrants Bombay Dyeing19.3 lakh warrants Gujarat Petrosynthese19.5 lakh equity shares Almondz Global10 lakh  warrants Kajaria ceramics1.27 crore warrants Himatsingka Seide58 lakh warrants Axis Bank (proposed) more than 2 crore shares   However, since preferential issues are meant for a certain class of investors, the retail investors are deprived of investment opportunity.  Sanjay Hegde, Pricewaterhouse Coopers, said,

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 12 2007 | 12:00 AM IST

Explore News