Vaswani Industries Ltd to sell stake in Shubh Infrastructures Pvt Ltd

Vaswani Industries Limited has entered into preliminary agreement on 01.07.2024 for transfer of 14,285 equity shares held in Shubh Infrastructures Private Limited, further the company has entered into final agreement on 30.09.2024 for transfer of company's entire investment in equity shares held in Shubh Infrastructures Private Limited, an Associate Company of the Company.

Consequently, Shubh Infrastructures Private Limited ceased to be associate company of Vaswani Industries Limited.

Shares of Vaswani Industries Limited was last trading in BSE at Rs. 66.14 as compared to the previous close of Rs. 68.12. The total number of shares traded during the day was 307471 in over 3067 trades.

The stock hit an intraday high of Rs. 73.90 and intraday low of 63.48. The net turnover during the day was Rs. 21210741.00.

Source : Equity Bulls

Keywords

VaswaniIndustries INE590L01019 PreliminaryAgreement StakeSale ShubhInfrastructures