Date:24/05/2006 URL: http://www.thehindu.com/2006/05/24/stories/2006052405881600.htm

Business - Briefly

Air Deccan IPO extended

MUMBAI: Deccan Aviation Ltd. extended the last date for bidding for its initial public offering to May 26 and the price band has been reduced to Rs 146-175 per share. The issue, which began on May 18, was scheduled to close on Tuesday. The company had previously fixed the price band at Rs 150-175 per share and had offered to sell 245.46 lakh shares through the offer, the company informed Stock Exchanges.