JP Associates to raise $ 150-200 million via Treasury block sale

2009 September 23

tags: JP Associates, Treasury block sale, treasury sale, treasury shares

by admin

JP Associates to raise $ 150-200 million via Treasury block sale. The company to sell around 3-4 crore treasury shares at approximately Rs 240/share. The deal to be executed via block deal today.

JP Associates had created 20 crore treasury shares via merger of 4 group companies last year. In June, company had raised Rs 500 crore via treasury sale of 2.5 crore shares.

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JP Associates to raise $ 150-200 million via Treasury block sale

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