04/07/2008 05:41. â€œWe recently closed the open offer under which
Stanley’s stake in Lumax Industries has risen to
48%, while the Jain family hold 26% and the rest is with the
public. Before the end of this fiscal, we will buy back from
Stanley to ensure that both hold an equal stake. We have no
intention of de-listing,†Mr Jain said. // Economic Times