I understand from the article that the share swap ratio/proposal is applicable only for promoters and large institutional investors who infused capital into the co’ at various points in the recent past. The same would not be applicable to Retail Investors.
Does anyone know what is the case for retails investors? Or am i reading/understanding this wrongly? By the way, the IWEL shares also hitting upper ckts recently. Not sure if there will be any discount for IWL by the time it actually merges or if there will any premium is being paid by the investors of IWEL.
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