COMPANY NEWS


GMM Pfaudler Ltd
BSE Code 505255 ISIN Demat INE541A01023 Book Value (₹) 164.03 NSE Symbol GMMPFAUDLR Div & Yield % 0.14 Market Cap ( Cr.) 6,223.43 P/E * 80.06 EPS * 17.29 Face Value (₹) 2
* Profit to Earning Ratio
* Earning Per Share
GMM Pfaudler announces change in shareholding Back
(14 Dec 2023)
GMM Pfaudler announced that the Patel Family (through Millars Machinery Company) have completed acquisition of 1% equity stake in GMM Pfaudler from Pfaudler Inc. (ultimately held by DBAG Fund VI, a private equity fund advised by Deutsche Beteiligungs AG) by way of an off market inter-se transfer between promoters at Rs 1,700 per share with 75% of the consideration being paid upfront and remaining 25% to be paid on or before 15 March 2024.

The Patel Family's shareholding now stands at 25.18% and they remain the largest shareholder of the Company.