Balrampur Chini gets nod for Rs 159-cr pref issue (The Hindu Business Line 27th Dec 2007) Balrampur Chini Mills Ltd has informed the BSE that members at an EGM of the company on December 24 authorised the board to issue offer and allot up to 73 lakh equity shares of Re 1 each, at Rs 92 per share, and up to one crore warrants, each co nvertible within 18 months from allotment date into one fully paid up share, for cash at Rs 92 per warrant.
The Royal Bank of Scotland (RBS) has picked up 0.60% stake in logistic services provider -- Gateway Distriparks. The bank has bought 6.40 lakh shares in the company for a total consideration of Rs 8.32 crore. Gateway Distriparks, incorporated in 1994, is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.
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