· ICICI Bank acquires 29.30% stake in GTL
ICICI Bank acquires 29.30% stake in GTL
Country's largest private lend er ICICI Bank Ltd has acquired 29.30% stake in telecom network services firm GTL Ltd after taking over 2.85 crore shares pledged by the promoters.
One of the promoter group firm of GTL, Global Holding Corp., had pledged 2.85 crore shares, representing 29.30% stake, shares with ICICI Bank, GTL told the Bombay Stock Exchange.
Hero Honda Motors Limited is now Hero MotoCorp Ltd.
This is for the information of the general public and all concerned that consequent to Special Resolution passed by the shareholders of the Company in the Extra Ordinary General Meeting held on Friday, June 17, 2011 and a fresh Certificate of Incorporation issued by the Registrar of Companies, NCT of Delhi and Haryana, Ministry of Corporation Affairs, Government of India on July 28, 2011, the name of the company stands changed from “Hero Honda Motors Limited” to Hero MotoCrop Limited”. The Company shall, for all purposes, be known as Hero MotoCrop Ltd. with immediate effect. However, as laid down in Section 23 (3) of the Companies Act, 1956, the change of name of the Company shall not affect any rights/obligation of the Company and accordingly all the business activities, contracts, agreements, permits, license, approvals, letter of credits, bank documents, other documents or deeds entered into, by the Company shall remain unaffected.
(Source -: mintlive.com)