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I.P.O. / Offerings | 19 November 2012

Promoters Of Disa India To Cut Stake Through OFS

by Sushil Surana
Promoters Of Disa India To Cut Stake Through OFS
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Disa India will offload around 11.45% of its equity or 1.73 lakh shares in the company to meet the minimum public shareholding norm of 25% by SEBI.

Promoter holding in the company stands at 86.49% currently and the sale will be done through Disa Holding A/S on November 20.

Indsur Group Acquires British Firm - Nevron Eurotherm Insulation

Indsur Group Acquires British Firm - Nevron Eurotherm Insulation

Auto component maker Indsur Group acquired Nevron Eurotherm Insulation Ltd., provider of insulation and metal cladding solutions.

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NBFC NeoGrowth Credit Raises R15 Cr From Frontier Investments Group

NBFC NeoGrowth Credit Raises R15 Cr From Frontier Investments Group

Mumbai based NeoGrowth Credit Private Limited has raised R15 Cr from Frontier Investments Group as a top up to its third round of funding which it raised in April this year from Khosla Impact, Omidyar Network and Aspada Investments. This makes the third round worth R45 Cr.

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