Stake Sale

Blackstone to acquire 50.10% stake in Gokaldas Exports



Posted On : 2007-08-20 10:28:46( TIMEZONE : IST )

Blackstone to acquire 50.10% stake in Gokaldas Exports

Gokaldas Exports Ltd has announced that the Promoters of the Company have entered into a share purchase agreement with M/s. Blackstone FP Capital Partners (Mauritius) V-B Subsidiary Ltd to sell 50.10% of their stake.

The Stock closed the day at Rs.228.70, up by Rs.4.30 or 1.92%. The stock hit an intraday high of Rs.239.95 and low of Rs.227. The total traded quantity was 61807 compared to 2 week average of 47813.

Source : Equity Bulls

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