• search

Ruchi Soya raises dollar 60 mn via GDRs

Written by: Staff
|

Mumbai, Mar 3 (UNI) Ruchi Soya Industries yesterday raised USD 60 million through global depository receipt (GDR) issue consisting of 8,874,000 GDRs.

The issue, which opened on March one, closed yesterday, the company informed the BSE.

Each GDR represents one underlying share in the company, and was priced at USD 6.7613 per share (equivalent to Rs 300 per share).

''The GDRs will be listed on the Luxembourg Stock Exchange and traded on the euro MTF market.

It has been placed through the book building exercise with ICICI Securities acting as the sole bookrunner on this transaction.

SSKI acted as the Indian advisor to the transaction,'' the release added.

UNI AR MJ AW1950

For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more