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Monday, April 11, 2011

Alok Industries Ltd: Purchase of equity shares by Promoter Group

Alok Industries Ltd has informed BSE that Niraj Realtors and Shares Private Limited a promoter group Company have purchased 46,00,000 equity shares of the Company on April 06, 2011 and April 08, 2011 in the open market under creeping acquisition (constituting 0.58% of the paid up capital of the Company) and thereby increased their holding in the paid up capital of the company to 8.18% from 7.60%.

With this acquisition, the holding of Promoters and Promoters Group of the Company in the paid up capital of the Company stands at 28.93% from 28.35%.

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