PRISM CEMENT LTD.

PRISM CEMENT LTD. - Updates

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19 Sep 2013
With reference to the earlier announcement dated September 19, 2013 regarding sale of shares of Norcros Plc by Lifestyle Investments Pvt Limited (LIPL), the Companys wholly-owned foreign subsidiary, Prism Cement Ltd has now informed BSE that the number of shares should read as 145,707,247 shares. The revised announcement should read as under :<br/><br/>"Lifestyle Investments Pvt Limited (LIPL), the Companys wholly-owned foreign subsidiary, has sold its present holding of 145,707,247 shares in Norcros Plc, a Company listed on the London Stock Exchange for a net consideration of GBP 26.55 million. Post the sale, LIPL does not hold any shares of Norcros Plc. LIPL's capital gain on this transaction would be approx. GBP 12.8 million."
View all announcements for PRISM CEMENT LTD.	Source: BSE India

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