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Styrolution ABS’ promoter to reduce stake in the company

10 Apr 2013 Evaluate

Styrolution ABS India’s holding company Styrolution (Jersey) is planning to reduce stake in the company from the current 87.33% to comply with the Securities and Exchange Board of India (SEBI) norms on minimum public share holding requirements.

Styrolution ABS is engaged in manufacturing and selling acrylonitrile-butadiene-styrene and styrene-acrylonitrile and other products to industries, such as consumer durables, automobiles, business machines, telecommunications, electronics, etc.

 

Peers
Company Name CMP
Godrej Industries 978.30
SRF 2442.10
BASF India 2959.95
Pidilite Inds. 1507.00
Tata Chemicals 603.10
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