Other Deals
TTK Healthcare's delisting offer fails
Chennai-based TTK Healthcare has informed stock exchanges that its buyback offer to voluntarily delist its shares from the exchanges has failed. The total number of shares tendered by public shareholders was less than the minimum requirement of 90% for the offer to go through. The company received 17,03,482 equity shares with 1,804 successful bids against the book size of 35,94,493 equity shares. TTK Healthcare's promoters hold 74.56 % in the firm while public investors hold the remaining stake.
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