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Q.

Honda Siel Power Products Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE.. what does this mean? plz let me know

Asked by varun sakrani, 25 Apr '09 12:50 pm
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Answers (1)

1.

There is specuulation in the grapevine that the Hero Group which has a 5% stake held personally by the promoters is to be sold to the Suzuki Group which would like to get into the power equipment business.
Answered by ravishankar, 25 Apr '09 01:35 pm

 
  
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