MoneyWorks4Me

STEL Holdings gets nod to sell entire 5% shareholding in Noida Power Company

19 Jan 2021 Evaluate

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. 

Peers
Company Name CMP
Bajaj Finserv 1720.75
TVS Holdings 11603.45
Cholamandalam Fin. 1386.35
Altius Telecom Infra 174.00
Kama Holdings 2251.00
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