GMM Pfaudler trades higher on entering into agreement to acquire SEMCO

GMM Pfaudler

GMM Pfaudler is currently trading at Rs. 1257.50, up by 16.50 points or 1.33% from its previous closing of Rs. 1241.00 on the BSE. The scrip opened at Rs. 1226.15 and has touched a high and low of Rs. 1281.75 and Rs. 1226.15 respectively. So far 12142 shares were traded on the counter. The BSE … Read more

GMM Pfaudler to acquire balance 46% stake in GMMI

GMM Pfaudler

GMM Pfaudler is planning to increase its stake in GMM International S.a.r.l (GMMI) to 100% by acquiring the balance 46% stake i.e., 26% held by Millars Concrete Technologies (Patel family) and 20% held by Pfaudler International S.a.r.l (which is controlled by funds managed by Deutsche Beteiligungs AG under DBAG Fund VI). With this transaction, GMMI … Read more

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