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HG Industries has informed that pursuant to the Share Purchase Agreement dated August 28, 2021 executed between Saurabh Mittal, Parul Mittal, Shiv Prakash Mittal and S.M. Safeinvest (Promoter group) and Greenlam Industries (Acquirer), the Promoter group has transferred 34,70,566 equity shares representing 74.9% of the total paid-up equity share capital of the Company to Greenlam Industries, on Friday, December 03, 2021. Consequent to the transfer of the aforesaid shares by the Promoter group of the Company to Greenlam Industries, the Company has become a subsidiary of Greenlam Industries.

The above information is a part of company’s filings submitted to BSE.

HG Inds.-Amalgamated Share Price

175.05 0.00 (0.00%)
21-Nov-2023 18:00 View Price Chart
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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