MoneyWorks4Me

SmallCap World Fund sells 1.42% stake in Supreme Industries

11 Apr 2018 Evaluate

SmallCap World Fund Inc has sold 18 lakh shares of Supreme Industries for nearly Rs 217 crore, through an open market transaction. It has offloaded 17,99,545 shares or 1.42% stake in the company. The shares were disposed of at a price of Rs 1,205 apiece, valuing the transaction at Rs 216.85 crore.

Supreme Industries manufactures products like Cross-Laminated Films, HMHD Films, Multilayer Films, SWR Piping Systems, PP Mats, moulded furniture, and many more.


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