DEAR TRADERJI,
CAN U KINDLY EXPLAIN WHAT THE NEWS ITEM(BELOW) MEANS.DOES IT MEAN THAT NOW AFTER THE MERGER J J EXPORTERS WILL BE THE LARGEST COMPANY WITH EQUITY OF 923 CR?.HOW WILL THE MARKET VIEW WHEN THE COMPANY INCREASES IT EQUITY FROM 7.18 CR TO 923 CR.
KINDLY GIVE YOUR VIEWS.
thnx for your mail to join the discussion after a gap.
MESSAGE -NEWS ITEM=====J.J.Exporters equity to go up to Rs 926 crore post merger
Thursday, June 16, 2005
The equity capital of J.J.Exporters, exporter of silk items, will rise toRs 926 crore after the merger of its wholly-owned subsidiary PoojaCreations and J.J.Spectrum with itself.
The merger ratio has been fixed at one share of J.J.Exporters for everyeight shares of J.J.Spectrum, while in the case of Pooja Creations theentire equity base will be diluted.
CAN U KINDLY EXPLAIN WHAT THE NEWS ITEM(BELOW) MEANS.DOES IT MEAN THAT NOW AFTER THE MERGER J J EXPORTERS WILL BE THE LARGEST COMPANY WITH EQUITY OF 923 CR?.HOW WILL THE MARKET VIEW WHEN THE COMPANY INCREASES IT EQUITY FROM 7.18 CR TO 923 CR.
KINDLY GIVE YOUR VIEWS.
thnx for your mail to join the discussion after a gap.
MESSAGE -NEWS ITEM=====J.J.Exporters equity to go up to Rs 926 crore post merger
Thursday, June 16, 2005
The equity capital of J.J.Exporters, exporter of silk items, will rise toRs 926 crore after the merger of its wholly-owned subsidiary PoojaCreations and J.J.Spectrum with itself.
The merger ratio has been fixed at one share of J.J.Exporters for everyeight shares of J.J.Spectrum, while in the case of Pooja Creations theentire equity base will be diluted.
