Citigroup Global Markets Mauritius has sold 30.94 lakh shares of PI Industries through the open market route. The shares were sold on an average price of Rs 640.03 valuing the transaction to Rs 198.03 crore.
PI Industries focuses on Agri-Input and Custom Synthesis with strength of over 1,400 employees. PI Industries currently operates three formulation and two manufacturing facilities as well as five multi-product plants under its three manufacturing locations across Jammu and Gujarat.