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Godrej Industries sells 0.50% stake in Godrej Consumer Products for ₹450 crore - CNBC TV18Photo: CNBC-TV18 Markets
BUSINESSCNBC-TV18 Markets · 0 seconds agoLive

Godrej Industries sells 0.50% stake in Godrej Consumer Products for ₹450 crore - CNBC TV18

Reported by CNBC-TV18 Markets, not nibnow. We are not the publisher of this story, only the source is.

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WHAT HAPPENED

Godrej Industries Ltd has sold 0.50% of its equity stake in Godrej Consumer Products Ltd (GCPL) through an open market transaction for ₹450.12 crore. Following the sale, Godrej Industries continues to hold 23.23% in GCPL, which remains an associate company.

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