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Thursday, March 03, 2011

Zylog Systems Ltd: Part Release of pledge of equity shares

With reference to earlier announcement where in JM Financial Products Ltd has informed BSE about the part release of pledge of 1,52,000 equity shares being 0.92% of the share capital of Zylog Systems Ltd, required under Regulation 7(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997.

In this regard JM Financial Products Ltd has now informed that 25,000 shares have been released on March 03, 2011 and the balance 13,64,445 shares (constituting 8.30% of the share capital of 1,64,46,420) continues to remain pledged with JM Financial Products Ltd.Read More

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