Tue, Feb 19, 2019
The Emami Group`s promoters on Monday had sold their 10 per cent stake in its flagship Emami Limited, raising about Rs 1,600 crore to reduce debts. After the sale, the promoters` holding in the company stood at 62.74 per cent.
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The transaction was executed on the stock exchange on Monday and purchasers included SBI Mutual Fund, PremjiInvest, Amundi, IDFC, L&T Mutual Fund and Pioneer Investment.
Wed, Mar 22, 2017
Highlights: 1. Emami Group has invested Rs 350 crore in 'Montana' project in Mumbai and has 50% partnership with Sheth Corp
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