Shares in Glaxo Smithkline Pharma surged 20 per cent after a notice to the exchange wherein the company has said there would be an increase in stake through acquisition of shares by GlaxoSmithKline Pte Ltd along with GlaxoSmithKline plc.
The Voluntary Open Offer is for acquisition of 20,609,774 Shares representing 24.33% of the total Voting Share Capital from the public.
The price payable to shareholder who opt for the open offer is Rs 3100, which is higher then the current market price of Rs 2936 on the National Stock Exchange. The offer would not be subject to any minimum subscription.
GoodReturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.