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The move comes after the board of Sebi approved a proposal in this regard in June
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Shares of the company closed 4.14% up at Rs 400.75 on August 10 while the benchmark BSE Sensex settled 0.28% higher at 54,555
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The 30-share index ended at its lifetime peak of 54,554.66, up 151.81 points or 0.28%
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BSE Sensex closed 151.81 points or 0.28% higher at record high of 54,554.66, while the broader NSE Nifty advanced 21.85 points or 0.13% to 16,280.10
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The Sebi verdict means that the fate of the deal, which will see an infusion of funds into PNB Housing Finance, remains uncertain at least for now.
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Consolidated total revenue from continuing operations stood at Rs 16,157.35 crore during the quarter under review
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The surge in revenue is being backed by strong demand for iPhones, which account for the majority of the company’s revenue in India.
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IPO frenzy at its peak, but investors should be selective and not rush for every IPO
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Amber Enterprises reported a consolidated net profit of Rs 11.95 crore for the quarter ended June 30
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Chemplast Sanmar was delisted from the BSE, the NSE and MSE with effect from June 25, 2012, June 18, 2012 and June 25, 2012, respectively.