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Bharat Heavy Electricals Ltd allots shares to Axiata Investments 2 (India) Ltd on preferential basis

Thursday, 24 Jul 2014 03:25am EDT 

Bharat Heavy Electricals Ltd:Issued and allotted 51,838,540 shares of face value of 10 Indian Rupees each to Axiata Investments 2 (India) Ltd at an issue price of 144.68 Indian Rupees per share.It is including a premium of 134.68 Indian Rupees per share, aggregating about to 7.50 bln Indian Rupees, on a preferential basis. 

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4:09am EDT