Gujarat seeks interim order from Takeovers Panel

GUJARAT Resources has made an application to the Takeovers Panel after Rey Resources directors snubbed the coal producer’s takeover offer and instead launched a non renounceable 1 for 5 rights issue.

Gujarat seeks interim order from Takeovers Panel Gujarat seeks interim order from Takeovers Panel Gujarat seeks interim order from Takeovers Panel Gujarat seeks interim order from Takeovers Panel Gujarat seeks interim order from Takeovers Panel

Stockbroker BBY has underwritten Rey’s bid and has also served as the junior’s capital market adviser in respect to Gujarat’s bid, according to the Takeovers Panel.

loader