Date:21/12/2004 URL: http://www.thehindubusinessline.com/2004/12/21/stories/2004122101390201.htm

Back Oppenheimer stake in Divi's

Our Bureau

HYDERABAD: Divi's Laboratories Ltd has informed the stock exchanges on Monday that Oppenheimer Funds Inc of HSBC CNC has crossed five per cent equity holding threshold limit in the company through fresh market acquisition.

According to Divi's , Oppenheimer Funds has acquired 44,287 shares aggregating 0.35 per cent of the company's share capital between November 29 and December 3 and 1,58,664 shares aggregating 1.23 per cent of share capital during December 6-10.

After the said acquisition, the holding of Oppenheimer stands at 8,19,947 shares aggregating 6.39 per cent of the share capital of Divi's Labs, as per the beneficiary position given by the company's Registrars - Karvy Computershare Pvt Ltd.