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Showing posts from March, 2013

Play Water Free Holi

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Repco Home Finance Limited Public Issue to open on March 13, 2013

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Price Band fixed from Rs. 165 to Rs. 172 per equity share Repco Home Finance Limited (the “Company”), a professionally managed and NHB-registered housing finance company promoted by Government of India enterprise Repco Bank Limited, is planning to open on March 13, 2013, (“Issue Opening Date”) a public issue of 15,720,262 equity shares of face value of Rs. 10 each (“Equity Shares”) for cash at a price band fixed from Rs. 165 to Rs. 172 per Equity Share (the “Issue”). Bids can be made for a minimum of 75 Equity Shares and in multiples of 75 Equity Shares thereafter. The Anchor Investors can bid one day prior to the Bid/Issue Opening Date. The Bid/Issue closes on March 15, 2013, (“Issue Closing Date”) for all Bidders.
The Issue includes a reservation of 180,000 Equity Shares of Rs. 10 each for subscription by eligible employees at the Issue Price (“Employee Reservation Portion”). The Company, in consultation with the Book Running Lead Managers (“BRLMs”) has decided to offer a di…

Tree House to acquire 100% equity in Brainworks Learning Systems

Mumbai 4 March 2013: Tree House Education and Accessories Limited (‘Tree House”), which runs quality pre-schools and also provides educational services to K-12 schools throughout India, has entered into a Term Sheet to purchase 100% equity share capital of Brainworks Learning Systems Pvt ltd. Tree House said in a filing to stock exchanges. The transaction will be closed after the conclusion of due diligence.
Brainworks is a national chain of preschools with 74centers across 11 states, including Andhra Pradesh, Delhi & NCR, Goa, Gujarat, Jammu & Kashmir, Karnataka, Maharashtra, Punjab, Tamil Nadu, Uttar Pradesh and Uttarakhand. Brainworks provides world class learning environment and scientifically researched curriculum to maximize development of children during the early childhood years.for more info visit  http://brainworks.co.in/profiles/aboutus
About Tree House
Treehouse Education & Accessories Limited (NSE code: TREEHOUSE; BSE code: 533540) runs quality preschools and als…

BS Enviro Solutions Acquires Majority Stake in Skywater India

BS Enviro Solutions and Harbinger Capital Partners form Joint Venture to Provide Water Generation Technology throughout India
Hyderabad 04 March 2013:BS Enviro Solutions Ltd, a subsidiary of BS Limited, today announced that is has reached an agreement to acquire a majority (51%) stake in Harbinger Capital Partners’ Skywater India Pvt Ltd. (“Skywater India”).
Skywater India manufactures and installs advanced air to water generators in areas with little or no access to clean drinking water.  Through its investment, BS Enviro will become the local operating partner of the business and will assume responsibility for the day-to-day management of Skywater India.  This joint venture marks the BS Enviro Solutions foray into the potable/ renewable water generation segment.
Foreseeing the huge potential in the potable water generation segment, BS Enviro solutions will leverage Skywater India’s license for patented, unique technology which generates water from the atmosphere. The sophisticated at…