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Gujarat Natural acquires 2.35% stake in Amrapali Fincap

24 Jul 2017 Evaluate

Gujarat Natural Resources (GNRL) has acquired 2.35% share capital (3,15,600 equity shares) of Amrapali Fincap. The acquisition was made between June 21, 2017 to July 21, 2017. The total current holding of the company in Amrapali Fincap as on July 21, 2017 stands at 12.09% (16,24,800 equity shares).

Gujarat Natural Resources (GNRL) is an Indian Company with primary focus in upstream oil & gas sector in India. GNRL, through its step-down subsidiary GNRL Oil & Gas (formerly Heramec), has participating interests in 6 producing blocks in Cambay basin. GNRL Oil & Gas is also operator in four of these blocks.

Peers
Company Name CMP
ONGC 224.90
Oil India 443.80
Jindal Drilling&Inds 571.45
Deep Industries 745.50
Asian Energy Service 455.10
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