Breaking News
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Gemini Communications Makes Open Offer For Buy-Back

4/13/2012 12:58 AM ET

Gemini Communications Ltd., through MAPE Advisory Group Pvt. Ltd. made an open offer to acquire a minimum of 27,50,000 equity shares of Re.1 each or a maximum of 1,10,00,000 equity shares at a price of Rs.45 apiece for an aggregate amount not exceeding Rs.29.78 crore from the open market through stock exchanges

The date opening and closing of buy-back is January 30, 2012 and April 30,2012, respectively.

At the BSE, Gemini Communications shares are currently trading at Rs18.65., up 12.01 percent from the previous close.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Chipmaker Advanced Micro Devices Inc. said Thursday after the markets closed that its first quarter loss narrowed from last year, helped by strong revenue growth in its graphics and visual solutions business. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue. After trending higher over the past few sessions, stocks showed a lack of direction throughout the trading day on Thursday. The major averages spent the session bouncing back and forth across the unchanged line before ending the day mixed. While the major averages closed on opposite sides of the unchanged line, they all showed only modest moves. U.S. Secretary Of State John Kerry said Thursday that he and his counterparts from Russia, Ukraine and the European Union have reached an agreement on a preliminary plan for ending the ongoing crisis in Ukraine. Kerry was speaking at the end of the Ukraine contact group's first meeting, comprising the foreign ministers of Russia, Ukraine, the EU and the U.S., in the Swiss city of Geneva.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.