Indraprastha Gas has acquired 4.75 crore shares of M/s. Maharashtra Natural Gas Limited (MNGL), in the first tranche at a price of Rs 38 per equity share from certain financial investor shareholders of MNGL.
With reference to earlier announcement dated August 04, 2014 and August 28, 2014, regarding investment in the equity shares of M/s. Maharashtra Natural Gas Limited (MNGL), Indraprastha Gas Ltd has now informed BSE that the Company has acquired 4.75 Crores shares (constituting 50% of present paid up capital) of MNGL in the first tranche at a price of Rs. 38/-(Rupees Thirty-eight) per equity share from certain financial investor shareholders of MNGL
With reference to earlier announcement dated August 04, 2014 and August 28, 2014, regarding investment in the equity shares of M/s. Maharashtra Natural Gas Limited (MNGL), Indraprastha Gas Ltd has now informed BSE that the Company has acquired 4.75 Crores shares (constituting 50% of present paid up capital) of MNGL in the first tranche at a price of Rs. 38/-(Rupees Thirty-eight) per equity share from certain financial investor shareholders of MNGL
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