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Polychem sells additional 0.70% equity stake in GPEL

24 Sep 2024 Evaluate

Polychem has further sold 60,000 Equity shares i.e. 0.70% of equity share capital of Gujarat Poly Electronics (GPEL), (Subsidiary Company) at a price of Rs 129.40 per share in Open Market on September 23, 2024, for a total consideration of Rs 77,64,000. 

Post this transaction, the total equity shares held by the Polychem in GPEL is 44,53,745 shares which is 52.09% of the total equity share capital of the Company.

Polychem poineered the production of Styrene, Polystyrene, Vinyl Acetate & Polyvinyl Alcohol in the country. 

Polychem Share Price

2090.60 -11.30 (-0.54%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3703.10
Tata Chemicals 709.05
SRF 2493.65
Pidilite Inds. 1393.25
Deepak Nitrite 1538.00
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