Pilani Investment and Industries Corporation has agreed to sell its entire stake i.e. 4,98,000 (4.99%) Equity Shares of Rs 10 each fully paid up held by the company in Tanfac Industries to Anupam Rasayan India (ARIL), at a price of Rs 595 per equity share.
Pilani Investment and Industries Corporation is an Investment Company registered with Reserve Bank of India as a Non- Banking Financial Company without accepting public deposits.