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<p>Redtape shares came under pressure on Wednesday after the company clarified that no promoter stake sale has taken place, following reports of interest from global private equity firms.</p>


Redtape shares slide over 7% after promoters clarify on stake sale reports

<p>RedTape has approved the allotment of 13,82,01,900 shares of face value of Rs 2 each as fully paid up to the equity shareholders of Mirza International in a 1:1 exchange ratio. The shares were allotted to investors in April.</p>


RedTape lists on stock exchanges after demerger from Mirza International, shares nearly double in value

redtape

Redtape shares came under pressure on Wednesday after the company clarified that no promoter stake sale has taken place, following reports of interest from global private equity firms.

RedTape has approved the allotment of 13,82,01,900 shares of face value of Rs 2 each as fully paid up to the equity shareholders of Mirza International in a 1:1 exchange ratio. The shares were allotted to investors in April.

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Redtape News- Zee Business provides latest news on Redtape, Redtape news Today, Top News on Redtape, update on Redtape Stay updated with business news, breaking news headlines.

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Redtape

Redtape shares slide over 7% after promoters clarify on stake sale reports

RedTape lists on stock exchanges after demerger from Mirza International, shares nearly double in value

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What do India’s US and Europe trade deals mean for stock markets? Saurabh Mukherjea explains

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