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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