Godrej Industries sells 30.20 lakh shares of Godrej Properties for Rs 75 crore

18 Dec 2014 Evaluate
Godrej Industries has sold over 30.20 lakh shares of Godrej Properties for Rs 75 crore in a block deal. The company sold 30,20,000 shares of Godrej Properties at Rs 248.50 per share. The buyers of the shares were promoters of Godrej Properties - Godrej Investments and Godrej Boyce Mfg Company - which acquired these shares at Rs 248.5. 

As per the company’s September quarter shareholding pattern, Godrej Industries holds 60.17% stake in Godrej Properties. Godrej Investments has 1.58% stake in the company and Boyce MFG Company holds 2.47% stake.

Godrej Industries is part of the Godrej group, one of the leading business groups in India and is in the businesses of Oleo-chemicals, surfactants, finance & investments and estate management. It has substantial interests in several industries including property development, oil palm plantation, animal feeds and agro-products, poultry, personal care and household care etc., through its subsidiaries, associate companies and joint venture.


Godrej Industries Share Price

1124.50 5.20 (0.46%)
23-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Tata Chemicals 1034.90
SRF 2283.05
Pidilite Inds. 2948.40
Aarti Inds 409.65
Atul 7029.10
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