Reliance Retail acquires sole control of Just Dial
Business | September 02, 2021 22:48 ISTThe firm's subsidiary Reliance Retail Ventures Ltd had in July announced a deal to buy a controlling stake in Just Dial for Rs 3,497 crore.
The firm's subsidiary Reliance Retail Ventures Ltd had in July announced a deal to buy a controlling stake in Just Dial for Rs 3,497 crore.
The RRVL would make a Public Announcement to the public shareholders of Just Dial to acquire up to 2.17 crore equity shares of Just Dial representing 26.00% in accordance with SEBI Takeover Regulations.
Online classifieds major JustDial has announced plans to return up to Rs 220 crore to shareholders in the form of stock buyback. As per reports, Just Dial is expected to report an yearly profit of around Rs 250 crore on revenue of about 1,100 crore in the current financial year.
A media report today said that Google was in acquisition talks with Just Dial, sending its stock zooming in opening trade today.
New Delhi: Private equity giant Tiger Global today offloaded 3.41 per cent stake in online and telephone search engine Just Dial for over Rs 300 crore through an open market transaction.According to bulk deal data
New Delhi: US private equity firm General Atlantic is reported to be in talks to buy a 2-5 per cent stake each in India's Just Dial Ltd and Info Edge India Ltd, sources said. At current
New Delhi: Deutsche Bank has given a "buy" rating to Just Dial with a target of Rs 1,800, citing expectations of "high" growth in the online classifieds and digital advertisements market. The bank also sees
New Delhi, June 5: Search service provider Just Dial Ltd rose over 17 per cent in its stock market debut on Wednesday from its initial public offer price.The Just Dial stock opened at Rs 587
Mumbai, May 22: The initial public offer of local search engine Just Dial was over-subscribed by 1.94 times on the last of issue on Wednesday. The Rs 950-crore IPO, the biggest issue so far this
New Delhi, May 20: The Rs 950-crore IPO of local search engine Just Dial begins today and is estimated to be the largest initial public offers by an Indian Internet company.Justdial has set a price
New Delhi, May 19: Justdial, a search engine firm, has raised over Rs 208 crore through the issue of shares to anchor investors including Goldman Sachs, HSBC, and DSP Blackrock Fund.The board of directors, during
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