Verist Law acts on $26m Borosil buyback

Monday, 7 March 2016 By Prachi Shrivastava Capital Markets

Verist Law advised Borosil Glass Works and Ambit Corporate Finance on the Rs 175 crore ($26m) buyback of Borosil at BSE, through the tender offer route.

Verist founder Srishti Ojha, associate Rahul Mishra and former associate Anubhab Dasgupta acted for Borosil and buyback manager Ambit.

The buyback offer was priced at Rs 2,500 a share and Hindustan Composites owns 4.49 per cent stake in Borosil, reported The Hindu Businessline.

Verist Law

Comments

Jill 7 Mar 2016, 05:25
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Kian, - are Verist, Verus, Veritas different firms? Which is the oldest and newest? And which locations? What sizes?
aatma 7 Mar 2016, 05:42
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verus is oldest- nujs gang.
verist (srishti) is a few months older than veritas(abhijit joshi). both verist and veritas are newish.
Paramatma 7 Mar 2016, 08:22
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Actually, Srishti's Verist was originally called Veritas, but when Abhijit Joshi launched his firm with the same name, she quietly changed to Verist instead of enforcing her TM.
Veritases 9 Mar 2016, 19:34
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I thought she was sent a legal notice from Veritas to change the name!!
kianganz 10 Mar 2016, 16:24
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Not that I heard... Both having the same name was a simple coincidence and a matter of several months...
hubba 7 Mar 2016, 07:14
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happy budday sristi
Lexpert 7 Mar 2016, 09:00
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Good work, Srishti and team!
happy associate 7 Mar 2016, 09:02
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thanks hubba and well-analyzed parmatma
Top rated comment 7 Mar 2016, 17:25
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Kudos to verist for giving credit to a former counsel. #respect #bigfirmsneedtolearnsomething
Scott Hall 7 Mar 2016, 18:35
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Why did the former associate run away?
alex pope 8 Mar 2016, 03:21
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he went to his hometown kolkata, in-house itc.
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