Saint Gobain Sekurit’s promoters, Saint-Gobain Glass, will be selling 98 lakh shares or 10.77% equity via OFS on May 30. The promoters will be divesting stake to meet SEBI's guidelines on minimum 25% public shareholding. The OFS, which will commerce on May 30, i.e., Thursday, will close on the same day.
Saint-Gobain Sekurit is a subsidiary of Saint-Gobain, one of the top 100 industrial companies in the world. Saint-Gobain is active in five main sectors: flat glass, high-performance materials, construction products, building distribution and packaging.
