Key Developments: Havells India Ltd (HVEL.BO)
740.10INR
18 Jun 2013
Rs-0.55 (-0.07%)
Rs726.15
Rs740.00
Rs754.80
Rs740.00
29,479
109,226
Rs758.00
Rs522.50
Latest Key Developments (Source: Significant Developments)
Warburg Pincus LLC Sells Entire 8.35% Stake In Havells India Ltd For INR7.30 Billion-Business Standard
Business Standard reported that Warburg Pincus LLC has sold its entire 8.35% stake in electrical and power equipment company Havells India for about INR7.30 billion. The shares were purchased by Vontobel Funds Inc through open market transactions. Full Article
Havells India Ltd Recommends Dividend
Havells India Ltd announced that the Board of Directors of the Company at its meeting held on May 28, 2013, inter alia, has decided the recommendation of Dividend at INR7.50 per equity share of INR5 each that is 150%, for the financial year 2012-13. Full Article
Havell's India Limited Recommends Dividend
Havell's India Limited announced that the Board of Directors of the Company at its meeting held on May 30, 2012, inter alia, has recommended of Dividend at INR6.50 per equity share of INR5 each that is 130% for the financial year 2011-2012. Full Article
Havell's India Limited Starts Industrial Switch Gear Plant-Reuters
Reuters reported that Havell's India Limited has started a new switchgear plant in Uttar Pradesh and expects to double revenue from its switch gear business to INR18 billion over three years. The Company is also looking at industrial switchgear business revenue of INR4 billion over two years. Full Article
INDIA PRESS-Warburg sells 8.35 pct stake in Havells India at big profit - Economic Times
Bharti Airtel aims to sell stakes in landline, enterprise ops - Economic Times
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