Janashakthi makes Dunamis Capital an associate

Friday, 21 January 2011 03:15 -     - {{hitsCtrl.values.hits}}

Dunamis Capital Plc yesterday became an associate of Janashakthi Ltd.

This follows Janashakthi yesterday acquiring 1.27 million shares at Rs. 17 each in a deal worth Rs. 21.6 million thereby increasing its stake in Dunamis Capital to 21.32%.

Dunamis saw 1.9 million of its shares traded yesterday before closing 10 cents down to Rs. 16.90.