The successful resolution applicant of Jaypee Infratech will pay on a par with the liquidation value of the company to its shareholders holding about 542 million equity units while delisting the company from the stock exchanges. The company said that the existing public shareholders shall be given an aggregate exit at a price of Rs 14 lakh, which is not less than the liquidation value.
FPIs continue to invest; inject Rs 14,167 cr in equities in May
Foreign investors continue to show confidence in the country’s equity market, infusing Rs 14,167 crore so far this month, largely driven by favourable global cues