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Thursday, March 24, 2011

Tulip Telecom Ltd: Acquisition of Shares by Promoter Company

Tulip Telecom Ltd has informed BSE that M/s. Cedar Infonet Private Limited, the promoter of the Company have bought 1,79,634 equity shares constituting 0.12% of the issued share capital of the Company from the open market.

Consequent to the purchase of above shares, the holding of M/s. Cedar Infonet Private Limited, has been increased to 33.16% comprising 480,88,384 equity shares of Rs. 2/- each.

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