Breaking News
FONT-SIZE Plus   Neg
Share SHARE

Gemini Communications Makes Open Offer For Buy-Back

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
Toyota Motor Corp. (TM, TYT.L) Thursday announced 1.1 percent decline in worldwide production for October, as there was a sharp decline in production of passenger cars in Japan. Production outside Japan improved 2.3 percent. In a separate announcement, the Japanese automaker said it will recall more... Computer and printer maker Hewlett-Packard Co. said Tuesday after the markets closed that its fourth quarter profit fell 6% from last year, as revenue declined 2%. The company's quarterly earnings per share, excluding items, came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. This organic and natural products company has experienced strong compounded annual growth over the last four fiscal years with its net sales growing 25% and adjusted income from continuing operations over 30%.
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.