Chemicals - Diversified
Hansa Group AG Updates on Capital Increase
Hansa Group AG announced that it has concluded 7.1% capital increase by placing 3,424,657 new no-par value bearer shares that have been issued at a placement price of EUR 2.92 per share. The gross proceeds amount to EUR 10 million. The new shares carry full dividend rights starting from the year 2013.
Hansa Group AG Announces Capital Increase
Hansa Group AG announced its decision to increase its share capital (authorized capital 2009). The share capital of the Company will be thus be increased from EUR 48,077,900 by EUR 4,804,939 under the partial utilization of the Authorized Capital 2009 through the issuance of up to 4,804,939 new shares. This corresponds to approximately 10% of the current share capital. The new shares will be offered to institutional investors in Germany and abroad outside the United States as part of an accelerated book building procedure, without preemptive rights for the existing shareholders. A public offering will not be taking place.
Hindustan Organic Chemicals Ltd Announces Management Change
Hindustan Organic Chemicals Ltd announced that as per the terms and conditions notified by the GOl vide ORDER dated June 09, 2011, [from the GOl, Ministry of Chemicals & Petrochemicals], the tenure of Shri R. N. Madangeri as Chairman & Managing Director, Hindustan Organic Chemicals Limited (HOCL) was till April 30, 2013, i.e. the date of his superannuation on attaining the age of 60 Years. Accordingly, Shri R. N. Madangeri stands retired on superannuation from the service of the Company w.e.f. April 30, 2013 (AN), in terms of the GOl’s Order issued on the subject. Consequent on the superannuation of Shri R. N. Madangeri, Chairman & Managing Director, HOCL, on April 30, 2013, the Govt. of India, Deptt. of Chemicals & Petrochemicals, vide its Order dated April 30, 2013 has directed that Shri J. N. Suryawanshi, Director (Marketing), HOCL will hold the additional charge of the office of the Chairman & Managing Director, Hindustan Organic Chemicals Ltd., in addition to his duties and responsibilities as Director (Marketing) for three months with effect from May 01, 2013 or until further orders whichever is earlier. Accordingly, Shri J. N. Suryawanshi, Director (Marketing) has assumed the additional Charge on May 01, 2013 of the Office of the Chairman and Managing Director (CMD) of HOCL for three months (w.e.f. May 01, 2013) or until further orders whichever is earlier.
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Analyst Research
| Report Title | Price |
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Provider: Bohai Securities Co.,Ltd.
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$138.00
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Provider: Bohai Securities Co.,Ltd.
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$35.00
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Provider: GlobalData
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$125.00
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Provider: SADIF-Investment Analytics, S.A.
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$25.00
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Provider: Wright Reports
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$35.00
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