ACG Pampac Machines has sold 94,60,000 shares of Karuturi Global in an open market transaction. The shares were sold at an average price of Rs 2.90 a piece on National Stock Exchange (NSE) on December 31, 2012.
Karuturi Global, is the largest producer of cut roses in the world, with are area of over 292 hectares under Greenhouse cultivation and an annual production capacity of around 555 million stems. Equipped with a robust and de-risked business model, Karuturi Global’s other fast-growing business realms are food processing, floriculture retail including a flower auction portal and information technology.
