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Amansa Holdings sells stake in CG Power and Industrial Solutions

08 Jan 2022 Evaluate

Amansa Holdings has sold shares of CG Power and Industrial Solutions worth nearly Rs 351 crore, through an open market transaction. Over 1.76 crore shares of the firm were sold at an average price of Rs 199 apiece. This took the total deal value to Rs 350.83 crore.

CG Power and Industrial Solutions (formerly Crompton Greaves) is a global pioneering leader in the management and application of electrical energy. CG provides end-to-end solutions that meet all electrical needs of its customers. CG’s offerings include electrical products, systems and services for utilities, power generation and industries.

Peers
Company Name CMP
Waaree Energies 2396.50
Apar Industries 18189.00
Havells India 1059.00
Suzlon Energy 38.35
Siemens 3804.45
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