Business Standard

Golden Goenka Fincorp pares stake in Shree Saishraddha Cements

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Capital Market

Holding in Shree Saishraddha Cements reduces to 16.64%

Golden Goenka Fincorp announced that the Company had further sold 12,50,000 Equity Shares of Shree Saishraddha Cements (SSCPL) representing 18.09% of the Equity Paid up of SSCPL.

As a results of aforesaid Sale, the Company's holding in SSCPL has decreased to 16.64%. Hence SSCPL ceased to be the associate of the Company.

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First Published: Dec 23 2016 | 7:35 PM IST

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