Pipavav Defence And Offshore Engineering Company

The open offer, to be made by Reliance Infrastructure along with its wholly-owned subsidiary Reliance Defence Systems Pvt Ltd, would open from December 2 till December 15, Pipavav Defence said in a filing to exchanges. The total value of the open offer would be Rs 1,263 crore.

Reliance Infrastructure on Monday said it would begin the Rs 1,263 crore open offer to acquire additional 26 per cent stake in Pipavav Defence and Offshore Engineering Company on December 2.

Pipavav Defence and Offshore Engineering Company Ltd on Friday reported a standalone net loss of Rs 167.27 crore for the fiscal first quarter that ended on June 30, 2015.

The Indian Navy is aiming to have a 200-ship fleet by 2027. The Navy, which has 137 ships and submarines under its command, is also in exploratory talks with Russia to see if some of the ships can be built with their collaboration so as to expedite the process.

Pipavav Defence and Offshore Engineering shares slumped 10 per cent on Thursday after analysts said it settled for a lower-than-expected price for selling a majority a stake in the company to Anil Ambani promoted Reliance Infrastructure.

In the biggest acquisition in the defence sector in the country, billionaire Anil Ambani-led Reliance Infrastructure on Wednesday announced acquisition of Pipavav Defence and Offshore Engineering for Rs 819 crore.

Mahindra & Mahindra is reportedly planning to buy around 25-30 per cent stake in the company for an aggregate amount of Rs 3,000 crore in a three phase deal.

Pipavav Defence and Offshore Engineering Company Ltd said on Monday that it has allotted over 2.45 crore shares of Swedish defence major Saab AB for about Rs 200.96 crore.

Pipavav Shipyard Ltd has informed BSE regarding a Press Release dated September 12, 2011, titled "Pipavav Defence and Offshore Engineering Company Ltd. (PDOECL) announces JV with Mazagaon Dock Ltd - 'Mazagaon Dock Pipavav Ltd'."

The open offer, to be made by Reliance Infrastructure along with its wholly-owned subsidiary Reliance Defence Systems Pvt Ltd, would open from December 2 till December 15, Pipavav Defence said in a filing to exchanges. The total value of the open offer would be Rs 1,263 crore.

Reliance Infrastructure on Monday said it would begin the Rs 1,263 crore open offer to acquire additional 26 per cent stake in Pipavav Defence and Offshore Engineering Company on December 2.

Pipavav Defence and Offshore Engineering Company Ltd on Friday reported a standalone net loss of Rs 167.27 crore for the fiscal first quarter that ended on June 30, 2015.

The Indian Navy is aiming to have a 200-ship fleet by 2027. The Navy, which has 137 ships and submarines under its command, is also in exploratory talks with Russia to see if some of the ships can be built with their collaboration so as to expedite the process.

Pipavav Defence and Offshore Engineering shares slumped 10 per cent on Thursday after analysts said it settled for a lower-than-expected price for selling a majority a stake in the company to Anil Ambani promoted Reliance Infrastructure.

In the biggest acquisition in the defence sector in the country, billionaire Anil Ambani-led Reliance Infrastructure on Wednesday announced acquisition of Pipavav Defence and Offshore Engineering for Rs 819 crore.

Mahindra & Mahindra is reportedly planning to buy around 25-30 per cent stake in the company for an aggregate amount of Rs 3,000 crore in a three phase deal.

Pipavav Defence and Offshore Engineering Company Ltd said on Monday that it has allotted over 2.45 crore shares of Swedish defence major Saab AB for about Rs 200.96 crore.

Pipavav Shipyard Ltd has informed BSE regarding a Press Release dated September 12, 2011, titled "Pipavav Defence and Offshore Engineering Company Ltd. (PDOECL) announces JV with Mazagaon Dock Ltd - 'Mazagaon Dock Pipavav Ltd'."