STEL Holdings has received approval from board in relation to sell of Company's entire 5% shareholding in Noida Power Company (NPCL) to Eminent Electricity Distribution (Eminent), a wholly-owned subsidiary of CESC, Rs 325 per share of NPCL for cash.
STEL Holdings is the part of RPG enterprise one of the largest business conglomerates in India. They are engaged in the Business of purchasing of Tea and trading it in both Inland and Foreign markets. They are located in Cochin, Kerala.