Gujarat Lease promoters sell stake in company

Gujarat Lease Financing Ltd (GLFL) has announced that the Gujarat Industrial Investment Corporation Ltd (GIIC), one of the promoter of the Company has informed the Company that they have sold 5,58,530 shares of GLFL out of their holding. The total paid up capital of GLFL is divided into 2,71,25,767 shares of Rs 10/- each.

The pre-sale holding of GIIC was 19.16% and post sale is 13.88% of the total paid up capital of GLFL.

The stock closed the day at Rs.21.15, up by Rs.1 or 4.96%. The stock hit an intraday high of Rs.21.15 and low of Rs.19.15.

The total traded quantity was 610966 compared to 2 week average of 301421.

Source : Equity Bulls

Keywords