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Monday, March 31, 2008
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Equity News
Mar 29 2008 10:29AM
Apar Industries acquires equity shares of Uniflex Cables
Apar Industries has acquired 14,00,000 fully paid up equity shares of Rs 10 each of Uniflex Cables on 27 March 2008 at a price of Rs 42.50 per equity share by way of exercise of option for conversion of 14 lakhs equity warrants into equal number of fully paid equity shares under preferential allotment. The shares constitute 6.43% of the post conversion paid up share capital of UCL.

The company made this announcement after the trading hours on Friday, 28 March 2008.

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