Saturday, February 3, 2007

Swiss Finance Corporation invests additional Rs. 9 crores in Nitco Tiles

The Economic Times reports that Mauritius-based Swiss Finance Corporation Limited has picked up 380,000 shares of Nitco Tiles for around Rs. 9 crores. Its stake in the company now stands at nearly 6%. The shares were bought in an open-market transaction. Swiss Finance earlier had 4.27% stake representing 951,000 shares in Nitco Tiles. Its total number of shares has now gone up to almost 1.33 mn in Nitco.

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