Videocon Industries has decided to raise $45.216 million through issue of securities to LLIC Sarl on a private placement basis. In this regard, the company will issue 15.7 million Global Depository Receipts (GDR) amounting to $45.216 million representing 15.7 million equity shares at a price of $2.88 per GDR, equivalent to around Rs 181.61 per equity share, to LLIC Sarl on a private placement basis.
Videocon Industries, established two decades ago, is a global conglomerate. Videocon’s businesses consist of manufacturing, marketing and distribution of consumer electronics products and oil & gas extraction.
| Company Name | CMP |
|---|---|
| LG Electronics India | 1551.80 |
| Dixon Tech. (India) | 11920.15 |
| IFB Industries | 1291.10 |
| Honeywell Automation | 39771.50 |
| Elin Electronics | 102.80 |
| View more.. | |
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