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TMI BlogAbout 5.58% of the Total Paid up Share Capital of HCL Stands Divested through today’s issue; Approximate Gross Receipts from the issue is RS. 800 CroresX X X X Extracts X X X X X X X X Extracts X X X X ..... About 5.58% of the Total Paid up Share Capital of HCL Stands Divested through today’s issue; Approximate Gross Receipts from the issue is RS. 800 Crores - News and Press Release Dated:- 24-11-2012 - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... News - Press Information Bureau Government of India Ministry of Finance 23-November-2012 19:35 IST The Cabinet Committee on Economic Affairs (CCEA), in its meeting held on 14.9.2012, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... had approved disinvestment of 9.59% paid up equity capital of Hindustan Copper Limited (HCL) through the Offer for Sale through Stock Exchange mechanism (OFS). The issue was held on 23.11.2012. A mi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nimum of 4% of the paid up equity shares (3,70,08,720 shares) was offered for sale with an option to sell an additional 5.59% (ie.5,17,14,580 shares) paid up equity shares of the company. The floor pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ice was fixed by the Empowered Group of Ministers (EGoM) at Rs.155 per share. A total bid for 5,16,11,858 shares were received. It has been decided to accept the entire number of shares bid for at o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r above the floor price. Thus, approximately 5.58% of the total paid up share capital of HCL stands divested through this issue. The approximate gross receipts from the issue is Rs. 800 crores. *** ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ***** DSM/RS/Ka - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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