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Gillette India gains on promoter group concluding sale of equity shares of company

Gillette India Ltd. | Household & Personal Products | FMCG | BSE: 507815 | NSE: GILLETTE

21 Nov 2013 Evaluate

Gillette India is currently trading at Rs. 1934.75, up by 5.20 points or 0.27% from its previous closing of Rs 1929.55 on the BSE.

The scrip opened at Rs 1935.05 and has touched a high and low of Rs 1940.00 and Rs 1931.15 respectively. So far 543 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 2600.00 on 09-Jan-2013 and a 52 week low of Rs 1872.00 on 13-Nov-2013.

Last one week high and low of the scrip stood at Rs 1970.00 and Rs 1889.00 respectively. The current market cap of the company is Rs 6305.24 crore.

The promoters holding in the company stood at 88.76% while Institutions and Non-Institutions held 2.99% and 8.25% respectively.

Gillette India’s Promoter Group has completed the sale of equity shares of the company. The company has received two letters on November 19, 2013 from Procter & Gamble India Holdings B.V. (PGIHBV), a promoter of the company, and the Poddar Heritage Group (representing promoter/promoter group individuals and entities under the Poddar Heritage Group) intimating that they have completed the offer for sale of 2,857,744 equity shares of the company through the stock exchange mechanism pursuant to the SEBI OFS Circulars on November 13, 2013, the settlement for which has been completed on November 19, 2013.

The sellers issued the OFS notice dated November 11, 2013 and the floor price announcement notice dated November 12, 2013, to Bombay Stock Exchange and the National Stock Exchange of India in relation to the OFS.

Gillette India is in the business of manufacturing Blades and Razors, Oral care and Portable Power. The company has created brands like Duracell, Oral-B, MACH3 Turbo and 7o’clock. The company's manufacturing units are located at Bhiwadi in Rajasthan and Baddi in Himachal Pradesh.

Gillette India Share Price

7944.25 105.70 (1.35%)

17-Apr-2026 16:59 View Price Chart

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Gillette India gains on promoter group concluding sale of equity shares of company

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