Brillare Science Pvt Ltd becomes 100% subsidiary of Emami Ltd

Emami Ltd holds 95.36% in the paid up capital of its subsidiary Company, Brillare Science Pvt Ltd (Brillare). The Company has further entered into Share Purchase Agreement with the founder & other shareholders of Brillare for acquiring remaining stake of 4.64 % of that Company. Consequently, Emami's Shareholding in Brillare has increased from 95.36% to 100% and it has become a wholly owned subsidiary of the Company.

Shares of Emami Limited was last trading in BSE at Rs. 436.45 as compared to the previous close of Rs. 435.55. The total number of shares traded during the day was 21741 in over 1332 trades.

The stock hit an intraday high of Rs. 439.75 and intraday low of 432.40. The net turnover during the day was Rs. 9474651.00.

Source : Equity Bulls

Keywords

Emami INE548C01032 StakeIncrease BrillareScience