BOC India was locked at 20% upper limit at Rs 287.45 at 12:35 IST on BSE, after the company's overseas parent said it plans to delist equity shares of BOC India from the stock exchanges in India.
The company made this announcement during trading hours today, 15 June 2010.
The stock hit a high of Rs 287.45 so far during the day, which is a record high for the counter. The stock hit a low of Rs 239 so far during the day. The stock had it a 52-week low of Rs 140.05 on 6 July 2009.
The company's equity capital is Rs 85.28 crore. Face value per share is Rs 10.
Linde Holdings Netherlands, a part of the promoter group of BOC India, has proposed to voluntarily delist the equity shares of the BOC India from the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) and the Calcutta Stock Exchange (CSE). The total holding of the foreign parent in BOC India is 89.48%.
The delisting will be done in accordance with the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009. The floor price for the purpose of the delisting offer is Rs 225.29.
BOC India's net profit jumped 372.8% to Rs 23.83 crore on 61.4% rise in net sales to Rs 255.28 crore in Q1 March 2010 over Q1 March 2009.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment