TATA MOTORS鈥?SHARE ISSUE SUCCESSFULLY COMPLETED Posted On : Oct-13-2010 | seen (920) times | Article Word Count : 308 |
Tata Motors has successfully completed its issue of shares aggregating US$ 750 million Wholesale Trevor Booker Jersey , comprising 鈥楢鈥?Ordinary Shares aggregating US$ 550 million and Ordinary Shares aggregating US$ 200 million. It may be recalled that Tata Motors announced the offering of 鈥楢鈥?Ordinary Shares and Ordinary Shares aggregating US$ 325 million and US$ 200 million, respectively on October 1, 2010. Tata Motors has successfully completed its issue of shares aggregating US$ 750 million, comprising 鈥楢鈥?Ordinary Shares aggregating US$ 550 million and Ordinary Shares aggregating US$ 200 million. It may be recalled that Tata Motors announced the offering of 鈥楢鈥?Ordinary Shares and Ordinary Shares aggregating US$ 325 million and US$ 200 million Wholesale Allen Crabbe Jersey , respectively on October 1, 2010.
Pursuant to an overwhelming response from investors across India and internationally with a book size aggregating US$ 1.85 billion, the Company decided on October 4, 2010 to upsize the issue to US$ 550 million of 鈥楢鈥?Ordinary Shares and US$ 200 million of Ordinary Shares.
A duly authorised Committee of the Board of Directors of the Company (the 鈥淐ommittee鈥? at its meeting held on October 11 Wholesale Jarrett Allen Jersey , 2010, decided to issue and allot 32,165,000 鈥楢鈥?Ordinary Shares at a price of `764 per 鈥楢鈥?Ordinary Share (including a premium of `754 per 鈥楢鈥?Ordinary Share) and 8 Wholesale Rondae Hollis-Jefferson Jersey ,320,300 Ordinary Shares at a price of `1,074 per Ordinary Share (including a premium of `1,064 per Ordinary Share) aggregating to a total issue size of `33 Wholesale Caris LeVert Jersey ,510.06 million, pursuant to a qualified institutions placement under the provisions of Chapter VIII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended (SEBI ICDR Regulations) to Qualified Institutional Buyers (QIBs) as defined under 2(1)(zd) of the SEBI ICDR Regulations (the 鈥淚ssue鈥?.
Citigroup Global Markets India Private Limited and Credit Suisse Securities (India) Private Limited were the Book Running Lead Managers for the Issue. Mr C Ramakrishnan Wholesale Timofey Mozgov Jersey , Chief Financial Officer, Tata Motors, said that the response is a reflection of the market confidence in the underlying performance and outlook of Tata Motors鈥?Group, including Jaguar and Land Rover Wholesale DeMarre Carroll Jersey , and the company is very grateful for the faith reposed by the investors.
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SEO or Search Engine Optimisation can be an expensive exercise in terms of time and money.
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