ICICI Bank has reduced its stake in Gokaldas Exports to 7.68 per cent from 9.90 per cent earlier. The bank sold 772,538 shares or 2.22 per cent stake, in the company through an open market transaction during June 14-21.
Gokaldas Exports is the largest exporter of garments in India. The company manufactures blazers and pants (formal and casuals), shorts, shirts, blouses, denim wear, swim wear, active and sportswear.