logo
Share SHARE
FONT-SIZE Plus   Neg

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

More Breaking News

0 Articles
Editors Pick
Google has been fined a hefty 2.42 billion euros or $2.7 billion by the European Commission for breaching EU antitrust rules. The Commission ruled that Google has abused its market dominance as a search engine by giving illegal advantage to its own comparison shopping service. Japanese game maker Nintendo announced its plans to launch Super NES Classic Edition, the standalone mini console, which will feature 21 pre-installed classic games. The Mini 16-Bit System is expected to hit the stores on September 29 for $79.99. Best Inc., a 23.4 percent owned by e-commerce major Alibaba Group, filed for Initial Public Offering in the U.S. According to the filing, Best expects to offer $750 million american depository shares.
comments powered by Disqus
Follow RTT