IL&FS fixed Rs 112.8/share for Maytas Infra stake

by khalid on 03/09/2009 · 0 comments

il&fs

IL&FS has fixed Rs 112.80 a share as the price for the open offer to acquire 20 per cent additional stake in Maytas Infra Ltd.

An announcement by SBI Capital Markets on behalf of IL&FS said the process will be completed within three months.

An IL&FS spokesperson said the company will soon send a draft prospectus to SEBI for clearance and the issue will be concluded based on the approvals.

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