aditya birla chemicals india
Transactions by ADITYA BIRLA CHEMICALS INDIA (ABCH) in the last 6 months
Grasim Industries Limited (BSE:500300) agreed to acquire Aditya Birla Chemicals (India) Limited (BSE:500057) from a group of shareholders for INR 5.6 billion on February 11, 2015. Under the terms of the agreement, Grasim Industries Limited will issue one share for every 16 shares of Aditya Birla Chemicals (India) Limited or exchange ratio of 0.0625. The group of shareholders includes Hindalco Industries Ltd. (BSE:500440), Pilani Investment & Industries Corporation Limited ...
TANFAC Industries Limited (BSE:506854) announced a private placement of 500,000, 11% redeemable cumulative non convertible preference shares at INR 100 per share with Aditya Birla Chemicals (India) Limited for gross proceeds of INR 50,000,000 on February 3, 2015. The shares will be issued at par. The transaction has been approved by the company’s board of directors. The transaction is subject to approval of the shareholders and other statutory approvals.