Shares of Pipavav Defence surge over 5% on open offer
Shares of Pipavav Defence and Offshore Engineering Tuesday settled with gains of over 5 percent after Reliance Infrastructure said it will make an open offer to acquire an additional 26 percent in the company.
Nov 17, 2015, 16:47 PM ISTPipavav Defence jumps over 6% on Reliance Infra open offer
The Rs 1,263-crore open offer is scheduled to start on December 2.
Nov 17, 2015, 12:43 PM IST