Nectar Lifesciences (NecLife) on 20 February 2010 has announced that the company has approved the allotment of 26 million equity shares at a price of Rs. 35 per share on preferential basis to NSR Direct PE Mauritius, LLC for raising Rs. 910 million.
Further, the company on 26 February 2010 has issued 46 million GDRs, each representing 1 equity share of Re. 1 each in the share capital of the company.
Source :www.biginfotech.in
Further, the company on 26 February 2010 has issued 46 million GDRs, each representing 1 equity share of Re. 1 each in the share capital of the company.
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