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Granules India promoter sells 1.72 crore shares worth Rs 1,500 crore; Goldman Sachs, BNP Paribas among investors

Granules India promoter Krishna Prasad Chigurupati sold 1.72 crore shares worth about Rs 1,500 crore through block and open-market deals. The sale funds the second tranche of a preferential issue, while promoter holding falls to 31.08%…

Granules India promoter sells 1.72 crore shares worth Rs 1,500 crore; Goldman Sachs, BNP Paribas among investors
Granules India promoter sells 1.72 crore shares worth Rs 1,500 crore; Goldman Sachs, BNP Paribas among investors
By

, ETMarkets.com

Synopsis

Granules India promoter Krishna Prasad Chigurupati sold 1.72 crore shares worth about Rs 1,500 crore through block and open-market deals. The sale funds the second tranche of a preferential issue, while promoter holding falls to 31.08% following the transaction today.

Economictimes Verified Source

Reported by Kumar Gaurav · Syndicated via official news feed

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