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#463 Daily Money Show | Stock Market News
Original: # 463 Daily Money Show | Money Purse Stock Market News
Takeaway
In a delisting, even the remaining 10% holders can tender shares to the promoter at offer price.
Summary
- Sterlite Technologies (STL) Q3 numbers: consolidated revenue Rs 1,674.8 cr with managed services growth
- Tata Communications and STL offerings discussed at customer level
- Akzo Nobel-type acquisition of paints business to expand product portfolio mentioned
- Comments corner: when promoter acquires 90% shares, investors can still tender during delisting offer
STLdelistingtata-communications
Original description
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