Corporate News 27-Aug-07
Federal-Mogul Goetze to issue equity shares
To existing equity shareholders
The board of Federal-Mogul Goetze (India) has approved to issue 7,333,390 fully paid-up equity shares of Rs 10 each at an issue price of Rs 145 per equity share (including a premium of Rs 135 per equity share) aggregating Rs 1,06,33,41,550 to the existing equity shareholders on right basis in the ratio of 29 fully paid-up equity shares for every 100 equity shares held by the existing shareholders on the record date.
This was approved at the board meeting held on 27 August 2007.
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