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Article: GOLDMAN SACHS, UBS PICK UP 6.28% STAKE IN INDIA'S SHRENUJ.
- Article from:
- AsiaPulse News
- Article date:
- September 5, 2007
CopyrightCOPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MUMBAI, Sept 5 Asia Pulse - Global investment management firms Goldman Sachs and UBS Securities have picked up a total of 6.28 per cent stake in Mumbai-based diamond and jewellery manufacturing firm Shrenuj (BSE:523236) & Co Ltd.
Goldman Sachs has bought 2 million shares at Rs 42.50 amounting to 3.19 per cent equity stake. The face value of the share is Rs 2 per share, a Shrenuj statement said here today.
UBS Securities also picked up a 3.09 per cent equity stake in Shrenuj by acquiring 19.36 lakh shares at Rs 42.50.
Meanwhile, ...