Prism Cement’s arm offloads its entire holding in Norcros

19 Sep 2013

Lifestyle Investments (LIPL), wholly-owned foreign subsidiary of Prism Cement, has sold its present holding of 145,707,247 million shares in Norcros Plc, a company listed on the London Stock Exchange for a net consideration of GBP 26.55 million. Post the sale, LIPL does not hold any shares of Norcros. LIPL’s capital gain on this transaction would be approx. GBP 12.8 million.

Prism Cement is one of India’s leading integrated building materials companies; with a wide range from cement, ready-mixed concrete, tiles, bath products to kitchens.

Related Prism Johnson Ltd. Links:

Prism Johnson Share Price

126.55 -2.60 (-2.01%) Apr 22, 18:01
1 Year Price Chart
Peers
Company Name CMP
Grasim Industries 1299.85
DCM Shriram 663.05
SRF 6105.60
Birla Corporation 920.30
Prism Johnson 126.55
View more..
Sensex vs Prism Johnson
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback