| Can any one imagine that I owned this stock for Rs "ONE".... Jhunjhunwala converts warrants into equity in Sterling Holidays |
| Bay Capital and other investor Radhakrishna Damani have also converted their warrants into stake |
| Press Trust of India / New Delhi Jul 23, 2012, 18:45 IST
Billionaire investor Rakesh Jhunjhunwala has picked up an equity stake in Sterling Holiday Resorts India Ltd by converting the warrants, which he had subscribed in September last year.
Similarly, the promoter cum a private equity firm Bay Capital and other investor Radhakrishna Damani have also converted their warrants into stake. The total value of these conversion is estimated to be around Rs 17.1 crore.
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The warrants converted are from who invested around Rs 80 crore for a little over 14% stake in the company, last year. The converted shares would amount to around 4.87% of the total shares.
In September last year, Jhunjhunwala and investor Damani have invested around Rs 80 crore for a little over 14% stake in Chennai-based Sterling Holiday Resorts India Ltd, founded by timesharing veteran R Subramanian in 1986....................http://www.businessstandard.com/india/news/jhunjhunwala-converts-warrants-into-equity-in-sterling-holidays/179771/on
| 2004 | 17.10 | 26.80 | 7.56 | 19.45 | 68,29,580 | 31,877 | 11,80,73,000 | 19.24 | 2.35 |
| 2005 | 20.00 | 76.60 | 14.35 | 70.25 | 2,69,33,659 | 65,727 | 1,31,05,05,421 | 62.25 | 50.25 |
| 2006 | 71.00 | 145.20 | 36.00 | 64.65 | 3,09,11,501 | 1,14,363 | 2,59,27,14,923 | 109.20 | -6.35 |
| 2007 | 65.00 | 83.25 | 36.00 | 83.25 | 3,28,48,174 | 1,22,646 | 1,84,69,74,039 | 47.25 | 18.25 |
| 2008 | 86.80 | 97.00 | 8.45 | 19.55 | 1,29,49,833 | 36,349 | 59,58,16,953 | 88.55 | -67.25 |
| 2009 | 20.25 | 73.95 | 18.55 | 72.90 | 1,79,93,108 | 33,289 | 94,64,53,781 | 55.40 | 52.65 |
| 2010 | 72.55 | 111.70 | 66.15 | 80.75 | 3,03,71,567 | 96,927 | 2,68,26,30,201 | 45.55 | 8.20 |
| 2011 | 81.80 | 129.20 | 55.10 | 84.50 | 3,06,80,225 | 1,17,891 | 2,97,78,73,414 | 74.10 | 2.70 |
| 2012 | 85.00 | 106.00 | 72.20 | 87.00 | 1,42,68,820 | 53,806 | 1,27,51,35,683 | 33.80 | 2.00 |
2 comments:
Good News. India is better place for holiday travel. Aalia is the heart in Uttrakhand Haridwar for holiday resort in India. The facilities in this resort is all world class. The importance of this secret holy place, makes it more attractive for all new comers.
hiee..frndzz...i m really happy having this blog to share our feelings..i went 2 bandipur resorts last week its really a awesome experience..really enjoyed a lot with my family..when going i dint expect that much about bandipur resorts ..really dat resorts leave me memorable moments..hope u 2 defintly ll njoy those resorts and beauty of resorts away from pollution..if u hav time..defintly make that to visit dat plac..u ll ha great tme..i prms u..
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