Wheels India has only around 15 % Public Holding. The foreign promoters seem to be picking up this.
http://zeenews.india.com/exclusive/can-these-delisting-probables-earn-you-a-bounty_5172.html
Offer by Foreign Promoters
http://www.moneycontrol.com/livefeed_pdf/Dec2012/Wheels_India_Ltd_131212.pdf
http://www.business-standard.com/india/news/wheels-india%60s-partner-issues-open-offer-to-acquire-14-incompany/495520/
http://mmb.moneycontrol.com/india/messageboardblog/message_thread/14483319/16283319#m16283319
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Wheels India is raising fresh capitlal to meet SEBI 's 25 % Public hoding requirement :-
Please Click :-
http://www.businessstandard.com/india/news/wheels-india-at-record-highfund-raising-plans/199726/on
http://zeenews.india.com/exclusive/can-these-delisting-probables-earn-you-a-bounty_5172.html
Offer by Foreign Promoters
http://www.moneycontrol.com/livefeed_pdf/Dec2012/Wheels_India_Ltd_131212.pdf
http://www.business-standard.com/india/news/wheels-india%60s-partner-issues-open-offer-to-acquire-14-incompany/495520/
http://mmb.moneycontrol.com/india/messageboardblog/message_thread/14483319/16283319#m16283319
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Wheels India - No Delisting ?
Please Click :-
http://www.businessstandard.com/india/news/wheels-india-at-record-highfund-raising-plans/199726/on
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