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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.

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

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Online Brokerage And Trading Company RKSV Scoops In Funding

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Mumbai based online brokerage and trading company, RKSV Securities has raised about R27 Cr ($4 Mn) in new round of funding from Kalaari Capital.

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