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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.
Posted in: Indian Market Tips
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