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Private Equity | 21 March 2012    1 Comment

CLSA Acquires 7.63% Stake In Prajay Engineers

by Irfan Khan
CLSA Acquires 7.63% Stake In Prajay Engineers
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CLSA Mauritius Ltd has acquired 7.63% stake in Hyderabad based real estate company – @Prajay Limited for R5.07Cr through open market transaction.

CLSA Mauritius bought 5336134 shares at a price of R9.5 per share from Merlin Securities – subsidiary of Legatum Capital on NSE.

Mahindra Satyam Merges With Tech Mahindra

Mahindra Satyam Merges With Tech Mahindra

Satyam Computer Services Limited or Mahindra Satyam is merging with it's parent entity Tech Mahindra Limited.

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RBI Eases FDI Norms For Equity Issuance

RBI Eases FDI Norms For Equity Issuance

The Reserve Bank of India has eased equity issuance norms under the FDI allowing companies to issue equity shares against any type of payables. However the relaxation is subject to certain conditions.

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