Mphasis has set its open offer price to public shareholders at Rs.457.54 per share.
Mphasis dropped 1% to Rs. 485. Mphasis has set its open offer price to public shareholders at Rs.457.54 per share.
In a filing to the BSE, the company said, "JM Financial Institutional Securities Limited has submitted to BSE a copy of detailed public statement, in respect of the Open Offer to the Public Shareholders of Mphasis Ltd, in compliance with Regulations 3(1) and 4 read with Regulations 13(4) and 15(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto (“SEBI (SAST) Regulations”), pursuant to the public announcement in relation to this Offer dated 4 April 2016 (“PA”)."
The scrip opened at Rs. 490.3 and has touched a high and low of Rs. 493.15 and Rs. 485 respectively. So far 63846(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 10301.1 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 534 on 29-Oct-2015 and a 52 week low of Rs. 362.5 on 03-Jun-2015. Last one week high and low of the scrip stood at Rs. 502.1 and Rs. 451.25 respectively.
The promoters holding in the company stood at 60.48 % while Institutions and Non-Institutions held 32.13 % and 7.23 % respectively.
The stock is currently trading above its 100 DMA.
In a filing to the BSE, the company said, "JM Financial Institutional Securities Limited has submitted to BSE a copy of detailed public statement, in respect of the Open Offer to the Public Shareholders of Mphasis Ltd, in compliance with Regulations 3(1) and 4 read with Regulations 13(4) and 15(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto (“SEBI (SAST) Regulations”), pursuant to the public announcement in relation to this Offer dated 4 April 2016 (“PA”)."
The scrip opened at Rs. 490.3 and has touched a high and low of Rs. 493.15 and Rs. 485 respectively. So far 63846(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 10301.1 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 534 on 29-Oct-2015 and a 52 week low of Rs. 362.5 on 03-Jun-2015. Last one week high and low of the scrip stood at Rs. 502.1 and Rs. 451.25 respectively.
The promoters holding in the company stood at 60.48 % while Institutions and Non-Institutions held 32.13 % and 7.23 % respectively.
The stock is currently trading above its 100 DMA.
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