MoneyWorks4Me

Geometric's promoters to sell entire stake in Geometric

24 Mar 2015 Evaluate

Geometric’s promoters are planning to sell their entire stake in the company. The promoters Godrej & Boyce Mfg Company and others held a combined 38.46% stake in the company.

Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala collectively held 19% stake in Geometric as of December 31, 2014, making them the largest non-promoter shareholders of the public listed company.

Geometric is a specialist in the domain of engineering solutions, services and technologies. Its portfolio of Global Engineering services, Product Lifecycle Management (PLM) solutions, Embedded System solutions, and Digital Technology solutions enables companies to formulate, implement, and execute global engineering and manufacturing strategies aimed at achieving greater efficiencies in the product realization lifecycle.

Peers
Company Name CMP
TCS 2163.00
Infosys 1024.05
HCL Technologies 1214.30
Wipro 162.70
Tech Mahindra 1517.05
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