Kannur airport: Face value of a share is Rs 100

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  • xman
    Admin
    • Sep 2006
    • 24007

    Kannur airport: Face value of a share is Rs 100

    Thiruvananthapuram: The state government began share allotment for the Kannur airport through private participation. The face value of a share is Rs 100. The director board of the Kannur airport had decided to consider only those applications which can subscribe to a minimum share of Rs 2.01 lakh. The application must be sent in a white paper. The application showing the number of shares needed with complete address and phone number, must be sent along with a DD for 25% of the amount of the share money. That is, those who are planning to buy stake for Rs 200, 100 should send 25 % as DD Rs 50, Rs 25 in favour of `Kannur International Airport Limited' payable at Thiruvananthapuram.

    The application along with the DD should reach the Kannur International Airport Limited, Parvathi, TC/36/1, NH Bypass, Chakka, Thiruvananthapuram-695024 on or before January 31.

    The share holder can not sell the shares for five years.






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  • Marcony
    • Feb 2010
    • 55

    #2
    Re: Kannur airport: Face value of a share is Rs 100

    Cochin Airport thudangiyappol kurachu vaangaan cash undaayillaa..

    Thanks for the info...

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