shree rama newsprint ltd
Transactions by SHREE RAMA NEWSPRINT LTD (RNSP) in the last 6 months
Riddhi Siddhi Gluco Biols Limited (BSE:524480) entered into a share purchase agreement to acquire 19.09% stake in Shree Rama Newsprint Limited (NSEI:RAMANEWS) from a group of sellers for INR 0.1 million in cash on May 21, 2015. The group of sellers comprise of The West Coast Paper Mills Limited (BSE:500444), Orbit Udyog (Pvt.) Ltd., Saumya Trade & Fiscal Services Pvt. Ltd., Shree Satyanarayan Investments Co. Ltd., The Diamond Company Ltd., The Indra Company Ltd., Veer ...
Riddhi Siddhi Gluco Biols Limited (BSE:524480) made an offer to acquire 26% stake in Shree Rama Newsprint Limited (NSEI:RAMANEWS) for approximately INR 390 million in cash on May 21, 2015. Under the terms of the offer, Riddhi Siddhi will acquire 38.5 million shares at an offer per share of INR 10. In related deals, Riddhi Siddhi is also acquiring 28.28 million shares of Shree Rama Newsprint under a share purchase agreement and subscribing 60 million shares of Shree Rama ...
Shree Rama Newsprint Limited (NSEI:RAMANEWS) announced a private placement of 60,000,000 shares and 300,000,000 optionally convertible redeemable debentures on May 21, 2015. The company will issue shares to Riddhi Siddhi Gluco Biols Limited and debentures to returning investor ICICI Bank Ltd. The transaction has been approved by the board of directors of the company. The securities will be issued on preferential basis.
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