The ace investor Radhakishan Damani’s brother Gopikishan S Damani has acquired 2.75% stake in the India Cement on February 25, 2020. As per Bulk deal data Gopikishan has bought 85,22,428 equity shares of the company at Rs 82.7 per share or Rs 70,48,04,795.6.
Damani himself held 4.73 percent stake in India Cements as of December 2019.
India Cements is amongst India's leading manufacturers and supplier of cement and rated as one of the best cement companies in India.