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CCL International completes divestment of stake held in associate companies

01 Jan 2020 Evaluate

CCL International has completed the divestment of equity holding of the company in Brothers Trading (143850 equity shares, 49.696%), Mokha Vyapaar (573600 equity shares, 49.615%) and Pushpak Trading & Consultancy (1259000 equity shares, 48.833%).

Consequent to this all these three companies namely Brothers Trading, Mokha Vyapaar and Pushpak Trading & Consultancy ceased to be as associate companies with effect from December 31, 2019.

CCL International manufactures and markets cement and is based in New Delhi, India. 

Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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