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Fortune International acquires 36.01% stake in Fortune Stones

10 Sep 2018 Evaluate

Fortune International has acquired 36.01% of equity shares of Fortune Stones pursuant to the acquisition of shares from existing shareholder done at arm length basis. The said transaction was made with a motive to strengthen the presence in the Mining Business.

The cost of acquisition is at Rs 20.55 per share. 36.01% shareholding consisting of 17,97,500 equity shares have been acquired for a total consideration of around Rs 3.69 crore.

Fortune International are mainly involved in used second hand clothing, used shoes, used books, CDs, DVDs, Bric-a-brac.

Fortune Intl Share Price

75.00 -0.93 (-1.22%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 234.90
Adani Enterprises 2218.35
Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
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