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Out of the total equity of 11.2crs shares the preferential allottee are holding 9.9crs shares and others including retailers are holding only 1.3crs shares. The Telexcell need to acquire 25 percentage means 2.8crs shares. Now we may conclude the game plan and we may assume that the preferential allottee are basically a proxies of Telexcell and want to acquire everything at low cost now. In this scenario why the company entered into LOI and fixed the price at rs20 which is a big question mark and confusing action from Welcure. ( 218 days ago )
  Kavin_Techno  2 followers
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