Orient Abrasives’ promoters have sold an additional 12,00,000 equity shares aggregating 1% held by them in the company at a price of Rs 26.50 per equity share to Trincass Vyapaar. The promoters have sold the shares on January 08, 2014.
Last year in November, the promoters have sold 2,15,35,056 equity shares aggregating 18% held by them in the company at a price of Rs 25.50 per equity share to Bombay Minerals.
Orient Abrasives offers a wide range of Refractory and Monolithic products for the iron and steel industry and enjoy large domestic and international clientele. An in-house R&D facility supports the division’s product development initiatives.
