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BNP Paribas bullish on India

BNP Paribas bullish on India

<b>BNP Paribas bullish on India</b><br><br> The board of directors of Geojit Financial Services today issued 5.68 crore shares and 2.28 crore warrants to French banking major BNP Paribas, which is now the largest single shareholder in the company. While BNP will currently hold 27.18% stake in the company, its shareholding, post-conversion, will go up to 34.35%.<br><br> The name of the company will be changed to Geojit BNP Paribas Financial Services, and the business will continue to be managed by the current team headed by managing director C J George.<br><br>

Last Updated: Mar 13 2007 | 12:00 AM IST
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<b>BNP Paribas bullish on India</b><br><br> The board of directors of Geojit Financial Services today issued 5.68 crore shares and 2.28 crore warrants to French banking major BNP Paribas, which is now the largest single shareholder in the company. While BNP will currently hold 27.18% stake in the company, its shareholding, post-conversion, will go up to 34.35%.<br><br> The name of the company will be changed to Geojit BNP Paribas Financial Services, and the business will continue to be managed by the current team headed by managing director C J George.<br><br>

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