BajajConsumer Care’s (formerly Bajaj Corp) promoter Bajaj Resources has sold nearly7 per cent of its holding via open market. Bajaj Resources offloaded 10.1million shares, representing 6.85 per cent stake, in Bajaj Consumer Care for Rs320 crore. The promoter sold shares at the price of Rs 316.42 per share in bulkdeal on BSE.
BajajConsumer Care is one of India’s leading producers of hair oils. The company isa part of the Shishir Bajaj Group companies (the Bajaj Group). The companymarkets its hair oil under the brand names Brahmi Amla, Amla Shikakai andJasmine hair oil.
