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TESS.N0000 & TESS.X0000 Vote_lcap68%TESS.N0000 & TESS.X0000 Vote_rcap 68% [ 178 ]
TESS.N0000 & TESS.X0000 Vote_lcap18%TESS.N0000 & TESS.X0000 Vote_rcap 18% [ 47 ]
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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » TESS.N0000 & TESS.X0000

TESS.N0000 & TESS.X0000

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1TESS.N0000 & TESS.X0000 Empty TESS.N0000 & TESS.X0000 Thu Aug 30, 2018 5:21 pm

Champ is Back


Senior Equity Analytic
Senior Equity Analytic
Hi,
What are the reasons for the selling?
As i have calculated, more than 30M shares (TESS.N) are changed hands for the consideration of Rs. 0.50 / 0.60.
Therefore, most probably, the seller would be one of the four mentioned below.

1 TESS (PRIVATE) LIMITED 105,791,456 31.13% 
2 GAJANTHAN K. MR. 31,239,467 9.19% 
3 OSEER M.R. MR. 26,445,077 7.78% 
4 DE SILVA S.A. MRS. 25,200,094 7.42% 
(Ref: Interim statement as at 20th June 2018)

However, about 60M shares were listed through rights on 22nd June 2018 for the consideration of Rs. 0.80.

I would like to see your views on this.
CiB

2TESS.N0000 & TESS.X0000 Empty Re: TESS.N0000 & TESS.X0000 Fri Aug 31, 2018 8:19 am

Champ is Back


Senior Equity Analytic
Senior Equity Analytic
@Champ is Back wrote:Hi,
What are the reasons for the selling?
As i have calculated, more than 30M shares (TESS.N) are changed hands for the consideration of Rs. 0.50 / 0.60.
Therefore, most probably, the seller would be one of the four mentioned below.

1 TESS (PRIVATE) LIMITED 105,791,456 31.13% 
2 GAJANTHAN K. MR. 31,239,467 9.19% 
3 OSEER M.R. MR. 26,445,077 7.78% 
4 DE SILVA S.A. MRS. 25,200,094 7.42% 
(Ref: Interim statement as at 20th June 2018)

However, about 60M shares were listed through rights on 22nd June 2018 for the consideration of Rs. 0.80.

I would like to see your views on this.
CiB
I mean 30M shares changed hand in this quarter.

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